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Amazon to Purchase Roomba-Maker IRobot for $1.65 Billion

by Index Investing News
August 5, 2022
in Financial
Reading Time: 1 min read
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The Biden administration is ramping up scrutiny of offers by expertise giants. The US Federal Commerce Fee has been taking a look at Amazon since 2019 over antitrust issues with its retail enterprise and cloud computing companies. Lina Khan, who grew to become chair of the company final yr, had made a reputation for herself with a groundbreaking authorized paper into Amazon’s potential antitrust violations and has taken a private curiosity within the probe. The FTC is ramping up that investigation beneath Khan, shaking up the investigative crew, re-interviewing potential witnesses and asking about Amazon’s current acquisition of MGM Studios, Bloomberg has reported.





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