Index Investing News
Sunday, May 31, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

U.S. begins antitrust review of Amazon’s takeover of vacuum maker iRobot

by Index Investing News
September 3, 2022
in Stocks
Reading Time: 2 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: The logo of Amazon is seen at the company’s logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentes/File Photo

(Reuters) – The U.S. Federal Trade Commission has begun a review of Amazon.com (NASDAQ:)’s $1.7 billion takeover of robot vacuum maker iRobot (NASDAQ:) Corp to decide if the deal violates antitrust law, Politico reported on Friday, citing people familiar with the matter.

The U.S. anti-trust body’s iRobot review is wide-ranging and would include both head-to-head competition and whether the deal would illegally boost Amazon’s market share in both the connected device market and the retail market in general, the report added.

Amazon declined to comment, while iRobot and the FTC did not immediately respond to a Reuters’ request for comment.

The e-commerce giant has steadily expanded its devices lineup with more speakers showcasing its Alexa voice assistant and with home security doorbells and cameras from Ring, which it acquired in 2018.

Amazon in August announced its all-cash deal of $61 per share to acquire iRobot, maker of the robotic vacuum cleaner Roomba.

The world’s largest online retailer is pushing to expand its stable of smart home devices as well as expanding the e-commerce giant’s virtual healthcare and adding brick-and-mortar doctors’ offices for the first time.

The online retailer in July had agreed to buy primary care provider One Medical.

One Medical on Friday said the U.S. anti-trust body had sought more information from the company and Amazon about the primary care provider’s $3.49 billion acquisition by the online retailer.



Source link

Tags: AmazonsantitrustBeginsIRobotMakerReviewTakeovervacuum
ShareTweetShareShare
Previous Post

Bull Market or Bear Market. Investors Are Trying to Decide

Next Post

The Truth – Investment Watch

Related Posts

Lululemon: The Sell-Off Is Overdone, But Don’t Fall In Love With The Stock (NASDAQ:LULU)

Lululemon: The Sell-Off Is Overdone, But Don’t Fall In Love With The Stock (NASDAQ:LULU)

by Index Investing News
May 23, 2026
0

This article was written byFollowI am an investment professional with over 7 years of experience spanning quant equities, asset management,...

The Real Cost of Keeping Up With the Joneses

The Real Cost of Keeping Up With the Joneses

by Index Investing News
May 27, 2026
0

Your neighbor pulls into the driveway with a new car. Your coworker shows up to the office with the latest...

Friday File: Portfolio Construction in a Time of Greed and Fear

Friday File: Portfolio Construction in a Time of Greed and Fear

by Index Investing News
May 19, 2026
0

Irregulars Quick Take Paid members get a quick summary of the stocks teased and our thoughts here. Join as a...

Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump

Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump

by Index Investing News
May 11, 2026
0

Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 2, 2026.CNBCBerkshire...

The S&P 500 Dividend Yield Just Hit An All-Time Low – Meb Faber Research

The S&P 500 Dividend Yield Just Hit An All-Time Low – Meb Faber Research

by Index Investing News
May 7, 2026
0

The S&P 500 dividend yield just hit an all-time low of 1.08%, the lowest since the 1800s. The prior low...

Next Post
The Truth – Investment Watch

The Truth – Investment Watch

Who could be the saviour of troubled SpiceJet?

Who could be the saviour of troubled SpiceJet?

RECOMMENDED

Centre is not moving towards a licence raj: FM Nirmala Sitharaman

Centre is not moving towards a licence raj: FM Nirmala Sitharaman

September 15, 2023
Nation attacked by mind virus

Nation attacked by mind virus

February 15, 2024
Hulu launches on Disney+ in bid to boost streaming use By Reuters

Hulu launches on Disney+ in bid to boost streaming use By Reuters

March 27, 2024
The Complete List of Stocks That Pay Dividends In December

The Complete List of Stocks That Pay Dividends In December

December 1, 2022
Russian Media Censor Roskomnadzor Blocks Main Crypto Information Web site – Bitcoin Information

Russian Media Censor Roskomnadzor Blocks Main Crypto Information Web site – Bitcoin Information

July 3, 2022
GOP states’ post-Roe pledges are worthless

GOP states’ post-Roe pledges are worthless

June 11, 2023
Tabling TABOR – Econlib

Tabling TABOR – Econlib

January 21, 2024
SCOTUS must stroll fastidiously in case of a spiritual constitution college

SCOTUS must stroll fastidiously in case of a spiritual constitution college

May 1, 2025
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In