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Writer's pictureStrofl

Amazon’s $1.7 billion acquisition of Roomba maker iRobot from FTC




The Federal Trade Commission is taking a closer look at Amazon’s proposed acquisition of iRobot, the company that produces the Roomba series of automated vacuum cleaners, according to a financial disclosure on Tuesday.


On Monday, the FTC requested more information from both companies about the $1.7 billion deal, according to an investor filing from iRobot, in what’s known as a “second request” and an indicator of deeper scrutiny by antitrust officials.


The investigation highlights how FTC officials are closely reviewing Amazon’s merger activity following calls by consumer advocates for the iRobot deal to be blocked.



 


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