Amazon’s Acquisition of iRobot Falls Through

Citing “no path to regulatory approval in the European Union,” Amazon and iRobot have announced the termination of an acquisition deal first announced in August of 2022 that would have made iRobot a part of Amazon and valued the robotics company at US $1.4 billion.The European Commission released a statement today that explained some of its concerns, which to be fair, seem like reasonable things to be concerned about:Our in-depth investigation preliminarily showed that the acquisitio