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Amazon tested for ‘monopoly’ before buying Roomba makers

The purchase is being investigated in several territories for the risk of being “monopolistic”. | Fountain: Photo by Jan Antonin Kolar on Unsplash

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UK Competition and Markets AuthoritySMAin English) announced this Thursday an investigation to determine whether the proposed acquisition Amazon from iRobot Corporation – vacuum cleaner manufacturer Rumba- worth about 1.7 billion dollars.

Before the start of the first phase of the investigation on a date to be determined, SMA “invites any interested party to submit comments on the transaction.”

Is it a monopoly?

The British regulator wants to determine whether the proposed acquisition, announced last August by the US e-commerce giant, would mean “a significant reduction in competition in any market or markets in the United Kingdom in relation to goods or services.”

Purchase Amazon from also American I am a robotthe largest consumer robotics company, is already under investigation in the United States, and in February, the European Union (EU) also sent a number of questions to Jeff Bezos’ company.

If successful, it will be the fourth largest acquisition for Amazon, which already took over Whole Foods in 2017; film studio MGM in 2022 and medical services company One Medical in February last year. EFE

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Source: RPP

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