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U.K. regulator says it’s launched merger inquiry into Amazon’s deal to buy iRobot

Clyde Edgerton by Clyde Edgerton
April 18, 2023
in Markets
U.K. regulator says it’s launched merger inquiry into Amazon’s deal to buy iRobot
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The U.K. Competition and Markets Authority said it’s launched a merger inquiry into Amazon.com’s
AMZN,
-0.61%
deal to buy iRobot
IRBT,
-0.24%
and has set a June 16 deadline for its phase 1 decision. The regulator had previously said it was considering whether the deal would result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services. Amazon last year said it was going to buy iRobot for $1.7 billion, or $61 per share, in cash.



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