Amazon’s $1.7 billion acquisition of Roomba maker iRobot is likely to be the subject of a full EU antitrust investigation starting next month, Reuters reported on Thursday. iRobot shares closed down 8.3% at $45.41 following the report, putting them more than 25% below Amazon’s proposed acquisition price of $61 per share and indicating skepticism from investors that the deal will be completed....
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Big Read policy
Europe Has Figured Out How to Tame Big Tech. Can the U.S. Learn Its Tricks?
Late last month in Belgium, Sen. Elizabeth Warren (D-Mass.) had a pressing question for Paul Tang, a Dutch politician and member of the European Parliament. How had they done it, she asked him. How had the EU managed to bring big tech to heel? The liberal Massachusetts senator, alongside Sen. Richard Blumenthal (D-Conn.), had stopped off in Brussels on August 25 to speak with European...
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive google semiconductors
To Reduce AI Costs, Google Wants to Ditch Broadcom as Its TPU Server Chip Supplier