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Amazon scraps buyout of iRobot vacuum maker after EU objections
Amazon scraps buyout of iRobot vacuum maker after EU objections
Technology
by  AFP

Amazon on Monday said it was dropping its plans to buy the iRobot vacuum maker after the EU's antitrust authority objected to the plan over competition concerns. The EU said it was especially concerned that Amazon's role as the world's preeminent internet retail hub would allow it to crush competition from other vacuum-makers seeking online buyers.