Andy Jassy criticizes US and EU regulators over blocking mergers like the iRobot deal, saying they trust Chinese companies with maps of homes more than Amazon
Andy Jassy criticizes US and EU regulators for blocking the iRobot deal, saying they trust large Chinese companies more than Amazon with maps of home interiors
Annie Palmer / CNBC : X: @squawkcnbc and @ericjackson X: @squawkcnbc : “Last year were the fasting shipping speeds for Prime customers in the history of the company,” says Amazon CEO Andy Jassy. “In ...
Some European entrepreneurs believe the EU's scrutiny of deals involving tech giants will lead to less M&A activity, reducing exit routes from their business
The Financial Times writes about how EU startups now agree and worry about the consequences of these regulator actions. … X: Lewis Crofts / @lewis_crofts : Start-ups getting nervous about @EU_Commissi...
The European Commission says Amazon's $1.4B iRobot acquisition may restrict competition; Amazon plans to work to address its concerns; IRBT drops ~18%
On 6 July 2023, the Commission opened an in-depth investigation … Jay Peters / The Verge : Amazon's $1.7 billion deal to buy iRobot is running into some objections Elizabeth Montalbano / Computerworld...
The UK CMA clears Amazon's proposed $1.7B iRobot deal, saying acquiring the robot vacuum maker would have “no impact on competition in the UK”
So yeah, no competition impact indeed. Tweets: @cmagovuk : We have cleared Amazon's $1.7bn purchase of iRobot. Our full text decision on why we cleared the merger will be published in due course. Find...
Sources give an overview of the FTC's Amazon pursuit: considering challenging the $1.7B iRobot deal, retail antitrust case, dark pattern investigation, and more
The Biden administration is planning to take action soon on at least three of its half-dozen investigations of Amazon …