Learn more

By Martyn Landi, PA Technology Correspondent & Lawrence Matheson Amazon’s planned takeover of robotic firm iRobot has been canned due to objections from EU competition regulators. The whopping £1.3 billion deal, originally signed in August 2022, raised eyebrows across the channel, with the European Commission blocking the merger in November 2023 over fears it could harm competition for iRobot’s counterparts on Amazon’s online marketplace. The said commission voiced concerns that Amazon might limit visibility for competing products on its platform if the deal sails through. Even though UK regul…

cuu