Where is Lina Khan who struck down the acquisition? Read the comments from the FTC. That was from less than two years ago. I am all for antitrust but Lina Khan was inept as they come in terms actually dealing with anti competitiveness in the tech.
This is called dumping. Long-term dumping but it is what it is.
They struck it down because they said it hurts competitiveness based on faulty economic arguments. It was clear even two years ago that the market was extremely competitive with much cheaper iRobot copies. Lina Khan just didn’t want Amazon to save an American company. Plain and simple. Anybody in the robotics field in MA could have told you iRobot was struggling and that Amazon was throwing them a bone to keep those engineers afloat.
This is called dumping. Long-term dumping but it is what it is.
https://www.ftc.gov/news-events/news/press-releases/2024/01/...