FTC looking into Amazon's $1.7B deal for iRobot
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The Federal Trade Commission has questions for Amazon concerning the company's acquisition of iRobot for $1.7 billion.
It is the latest deal by the e-commerce giant coming under scrutiny by regulators amid growing concerns about the company’s market power.
On Tuesday, iRobot said both it and Amazon received a request for additional information in connection with an FTC review of the merger, according to a regulatory filing.
Both Amazon and iRobot said they would cooperate with the FTC’s review, which delays the completion of a deal.
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