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FTC Investigating Amazon Deal to Buy Roomba Maker iRobot

By
Paris Martineau
· · Source: The Information

The Federal Trade Commission asked for additional information about Amazon’s $1.7 billion purchase of iRobot, the company behind the Roomba vacuum, the companies disclosed on Tuesday. The request is a sign that the FTC is investigating the deal in detail. The inquiry could delay the deal’s completion, as federal antitrust investigations can often take up to a year to finish. Once complete, the...

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