The US sweeping robot manufacturer iRobot said in a document submitted to regulators on Tuesday local time that the US Federal Trade Commission (FTC) on Monday local time. Transactions provide more information.
FTC asked for more information about the deal, which indicates that the transaction is under close scrutiny by the FTC. Both Amazon and iRobot said they would cooperate with the FTC review, which delayed the closing of the deal.
It is reported that Amazon announced in early August this year that it would acquire iRobot for $1.7 billion in cash. Soon after the deal was announced, groups calling for tougher antitrust regulations called on the FTC to block the deal, saying it further cemented Amazon's dominance in the smart home market.
In early September, people familiar with the matter said the FTC had begun reviewing Amazon's iRobot deal to determine whether it violated antitrust laws.
Now, foreign media reports confirm that the FTC is indeed investigating the transaction. The investigation underscores that FTC officials are closely scrutinizing Amazon's mergers and acquisitions after consumer advocates called for it to block the iRobot deal.
The review of Amazon's acquisition of iRobot comes as the FTC moves further into its review of another deal, Amazon's $3.9 billion acquisition of primary care provider One Medical, a move that could delay the deal of completion.
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