>A hoped-for by acquisition by Amazon.com in 2023 collapsed over regulatory concerns.
I never understood why the US objected to this. Amazon was not in that business.
But you see acquisitions like Paramount that will eventually turn US media into a near monopoly with probably 2 or 3 players. Now we have a fight over who will pick up WB, I am sure who ever wins the fight will have the merger approved. But Amazon, denied.
FWIW, I have no love for Amazon, but they were not trying to buy a company like Walmart which will be far worse then buying iRobot.
Do you have a source to back this up or you're just assuming? So far I've only seen FTC statements on this and they wouldn't have been too pleased with the merger.
"Amazon's proposed acquisition of iRobot has no path to regulatory approval in the European Union, preventing Amazon and iRobot from moving forward together—a loss for consumers, competition, and innovation."
I never understood why the US objected to this. Amazon was not in that business.
But you see acquisitions like Paramount that will eventually turn US media into a near monopoly with probably 2 or 3 players. Now we have a fight over who will pick up WB, I am sure who ever wins the fight will have the merger approved. But Amazon, denied.
FWIW, I have no love for Amazon, but they were not trying to buy a company like Walmart which will be far worse then buying iRobot.