The U.K. Competition and Markets Authority said it’s launched a merger inquiry into Amazon.com’s AMZN deal to buy iRobot IRBT 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.
... The U.K. Competition and Markets Authority said it’s launched a merger inquiry into Amazon.com’s AMZN deal to buy iRobot IRBT 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.
Super convenient purchase. Amazon will be able to see what you need to reorder and what is 'missing' from your home.