The US Federal Trade Commission has begun a review of Amazon.com's (AMZN.O) $1.7 billion takeover of robot vacuum maker iRobot Corp (IRBT.O) to decide if the deal violates antitrust law, Politico reported on Friday, citing people familiar with the matter.
The US anti-trust body’s iRobot review is wide-ranging and would include both head-to-head competition and whether the deal would illegally boost Amazon's market share in both the connected device market and the retail market in general, the report added. (https://politi.co/3emgp1t)
