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Amazon's Acquisition of iRobot Cleared By UK Regulator, Still Faces Scrutiny Elsewhere

  • British antitrust regulators approved Amazon's $1.7 billion purchase of iRobot, maker of Roomba vacuums.
  • The deal still requires approval from US and EU regulators, who are reviewing the deal.
  • The UK regulator found the deal would not substantially reduce competition in the country.
  • Consumer groups have voiced concerns over Amazon's increasing control of the smart home market.
  • iRobot's stock price jumped nearly 20% on news of the UK approval.
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