EU antitrust regulators say Amazon's iRobot deal may restrict competition


FILE PHOTO: The logo of Amazon is seen at the company's logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol/File Photo

BRUSSELS (Reuters) -EU antitrust regulators said on Monday Amazon's $1.4 billion acquisition of robot vacuum maker iRobot may squeeze out rival robot cleaners on its online marketplace.

Amazon announced the deal in August last year amid increased regulatory scrutiny around the world of Big Tech acquiring smaller rivals and accumulating troves of data that could boost their market dominance or help them expand into other markets.

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