Technology
Amazon to win unconditional EU nod for iRobot deal
Amazon is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot, three people familiar with the matter said on Thursday.
Antitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of troves of data by a few companies and big players leveraging their dominance into new markets.
The European Commission, which acts as the EU's comPetition watchdog, warned Amazon in July that the deal could reduce comPetition in robot vacuum cleaners and reinforce the U.S. company's dominant position as an online marketplace provider.
The Commission, which is due to decide on the deal by Feb. 14, declined to comment. Amazon did not respond immediately to a request for comment.
The deal announced in August would add iRobot's Roomba robot vacuum to U.S. online retail giant Amazon's portfolio of smart devices, includes the Alexa voice assistant, smart thermostats, security devices and wall-mounted smart displays.
The UK antitrust agency cleared the deal unconditionally after a preliminary review.
-
Technology1d ago
Breaking up Google? What a Chrome sell-off could mean for the digital world | The Express Tribune
-
Technology2d ago
AI harm is often behind the scenes and builds over time – a legal scholar explains how the law can adapt to respond
-
Technology2d ago
Newborn planet found orbiting young star, defying planet formation timeline | The Express Tribune
-
Technology2d ago
Awkwardness can hit in any social situation – here are a philosopher’s 5 strategies to navigate it with grace
-
Technology2d ago
No need to overload your cranberry sauce with sugar this holiday season − a food scientist explains how to cook with fewer added sweeteners
-
Technology2d ago
Teslas are deadliest road vehicles despite safety features: study | The Express Tribune
-
Technology3d ago
There Is a Solution to AI’s Existential Risk Problem
-
Technology3d ago
US pushes to break up Google, calls for Chrome sell-off in major antitrust move | The Express Tribune