Benzinga
Amazon’s iRobot Deal Draws Attention From UK Competition Watchdog
The Competition and Markets Authority is investigating the anticipated acquisition of Roomba maker iRobot Corp (NASDAQ: IRBT) by Amazon.com, Inc (NASDAQ: AMZN). The CMA is considering whether the transaction will substantially lower competition within any market or markets in the U.K. for goods or services. To assist it with this review, the CMA invites comments on the transaction from any interested party. In August 2022, Amazon.com agreed to acquire iRobot for $61 per share in an all-cash tran