Skip to main content
Holiday Sale — Get 40% off Vantage for yourself or as a gift
Published loading...Updated

Hoping Lina Khan Doesn't Do to NYC What She Did to iRobot

Summary by RealClearMarkets
iRobot, manufacturer of the Roomba robot vacuum, has filed for bankruptcy. This is not unexpected. In October, after negotiations with a potential buyer fell through, the company announ

8 Articles

In 2022, Amazon announced its intention to acquire iRobot, manufacturer of Roomba robot vacuum cleaners, for about $1.5 billion. It was not the typical horizontal concentration operation, as Amazon did not compete in that market.The business logic aimed to integrate a pioneer in consumer robotics into its ecosystem of smart home devices.The operation did not materialize.After an investigation, the European Commission raised objections that point…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Information Technology and Innovation Foundation broke the news in on Wednesday, December 17, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal