Amazon’s $1.7 Billion Takeover of iRobot Under Antitrust Review by US FTC: Report

Amazon’s $1.7 Billion Takeover of iRobot Under Antitrust Review by US FTC: Report

Amazon announced earlier this month that it will acquire the makers of Roomba vacuum cleaners iRobot in a deal worth $1.7 billion (roughly Rs. 13,500 crore). It is now being reported that this deal is being reviewed by the US Federal Trade Commission (FTC) for violating antitrust laws. Both companies…