Amazon's iRobot deal faces EU antitrust veto, sources say


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) - Amazon's $1.4 billion acquisition of robot vacuum maker iRobot will be blocked by EU antitrust regulators, three people familiar with the matter said on Friday, as enforcers beef up scrutiny of Big Tech deals.

The U.S. online retail giant defied a European Commission's warning that the deal could restrict competition in the market for robot vacuum cleaners by declining to offer remedies to address such concerns last week.

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