Senator Warren, other lawmakers ask FTC to block Amazon’s iRobot deal -Axios

FILE PHOTO: Amazon's JFK8 distribution center in Staten Island, New York City

(Reuters) – A group of lawmakers led by Democratic U.S. Senator Elizabeth Warren is asking the Federal Trade Commission (FTC) to reject Amazon.com Inc’s $1.7 billion deal to buy Roomba vacuum maker iRobot Corp, Axios reported on Thursday, citing a letter.

The FTC last week had asked Amazon and iRobot for more information on the e-commerce giant’s buyout offer, which was announced in August.

Warren and the FTC did not immediately respond to Reuters’ requests for comment.

According to a recent Politico report, the FTC had started an antitrust review of the deal earlier this month to see if it was illegally boosting the e-commerce company’s market share in the connected device market.

(Reporting by Tiyashi Datta in Bengaluru; Editing by Anil D’Silva)

Reuters

Related posts

Phil Murphy’s Solar Shift Blocked by Trump as “Solar for All” Federal Grants Terminated

DOGE official Edward ‘Big Balls’ Coristine attacked in botched carjacking on Swann Street

Extortionist Chuck: Trump Says Schumer, Democrats Resorting to Extortion to Approve Appointments