Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Via AP news wire

FTC reviewing Amazon's $1.7 billion deal to buy iRobot

AP

The Federal Trade Commission is investigating Amazon’s $1.7 billion acquisition iRobot, the latest deal that’s under scrutiny by the regulators amid growing concerns about the company’s market power.

In a regulatory filing Tuesday, iRobot said both it and Amazon received a request for additional information in connection with an FTC review of the merger. Earlier this month, securities regulators made a similar request to Amazon and One Medical, the primary health care company the e-commerce giant is planning to buy for $3.9 billion.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.