Jun 16, 2023
Amazon cleared to buy iRobot vacuum cleaner maker
Amazon has been given the go-ahead to purchase a company which makes robotic vacuum cleaners, following a review by the government's competition watchdog. The online giant moved to buy iRobot, maker of the Roomba cleaner, last August but the deal was called in by the Competition and Markets Authority. The watchdog looked into whether the takeover would put Amazon at an unfair advantage over its competitors. It also concluded that the UK market for robot vacuum cleaners was small and not expected to grow significantly in the future. The $1.7bn deal will allow Amazon to grow its operations for smart home appliances.
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