Democrats Slam Amazon's 'Anticompetitive Playbook' In FTC Request To Block iRobot Deal
Posted on AllSides September 30th, 2022
From The Center
Sen. Elizabeth Warren, D-Mass., and several Democratic House lawmakers are requesting that the Federal Trade Commission (FTC) stop Amazon's proposal to acquire robotic vacuum manufacturer iRobot, Axios reported Thursday, citing a letter submitted to the regulator Wednesday.
"We are writing regarding our concerns with Amazon's proposed $1.65 billion acquisition of iRobot Corp., and the extent to which this acquisition which could harm consumers and reduce competition and innovation in the home robotics market," the letter stated.