Amazon's $1.7 billion (nearly Rs. 14,100 crore) acquisition of robot vacuum cleaner maker iRobot may reduce competition and strengthen Amazon's position as online marketplace provider, EU antitrust regulators warned on Thursday. The European Commission opened a full-scale investigation and will decide by November 15 whether to clear or block the deal.
source https://www.gadgets360.com/smart-home/news/amazon-acquisition-irobot-new-challenges-eu-antitrust-regulators-4184820#rss-gadgets-smart-home
Wednesday, July 12, 2023
Amazon's Acquisition of iRobot Faces New Challenges From EU Antitrust Regulators
About S M Zubair
We understand that technology is constantly evolving, and we are committed to staying at the forefront of these changes. We are always on the lookout for the latest updates, and we strive to provide our readers with the latest technological News together with links of the Source. Please Also visit my Tech Blog YoyoTechTips
