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US FTC was poised to reject Amazon acquisition of iRobot

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The Federal Trade Commission was poised to reject Amazon.com’s $1.4 billion acquisition of robot vacuum maker iRobot before the companies announced early Monday they were abandoning the deal in the face of EU antitrust opposition, a source said.




The Federal Trade Commission was poised to reject Amazon.com’s $1.4 billion acquisition of robot vacuum maker iRobot before the companies announced early Monday they were abandoning the deal in the face of EU antitrust opposition, a source said.

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