EU to investigate Amazon’s $1.7 billion purchase of iRobot: report

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EU to investigate Amazon’s $1.7 billion purchase of iRobot: report
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The European Union plans to investigate Amazon.com Inc.’s $1.7 billion acquisition of iRobot Corp. maker of the autonomous vacuum cleaner Roomba, the...

The European Union plans to investigate Amazon.com Inc.’s AMZN $1.7 billion acquisition of iRobot Corp. IRBT, maker of the autonomous vacuum cleaner Roomba, the Financial Times reported Wednesday. European regulators have contacted the e-commerce giant, with questions about Roomba’s ability to take pictures as it moves about a home, according to the report. A potential probe follows the Federal Trade Commission’s scrutiny of the same deal, and its impact on Amazon’s market power.

... The European Union plans to investigate Amazon.com Inc.’s AMZN $1.7 billion acquisition of iRobot Corp. IRBT , maker of the autonomous vacuum cleaner Roomba, the Financial Times reported Wednesday. European regulators have contacted the e-commerce giant, with questions about Roomba’s ability to take pictures as it moves about a home, according to the report. A potential probe follows the Federal Trade Commission’s scrutiny of the same deal, and its impact on Amazon’s market power.

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