Amazon Gets UK CMA Clearance for $1.7 Billion Roomba-Maker iRobot Acquisition

Amazon Gets UK CMA Clearance for $1.7 Billion Roomba-Maker iRobot Acquisition

Britain’s competition regulator on Friday cleared Amazon’s planned $1.7 billion (roughly Rs. 13,900 crore) acquisition of iRobot, maker of the Roomba vacuum cleaner. The Competition and Markets Authority (CMA) said it had concluded that the deal would not lead to competition concerns in the UK. “We’re pleased with the UK Competition and…