House, Senate Democrats ask FTC to fight Amazon's acquisition of iRobot
Amazon might face some political opposition in its bid to acquire iRobot. Democrats including Senator Elizabeth Warren and House Representatives Jesus Garcia, Pramila Jayapal, Mondaire Jones, Katie Porter and Mark Pocan have asked the Federal Trade Commission (FTC) to oppose the purchase of the Roomba creator. The members of Congress pointed to Amazon's history of technology buyouts to support their case, arguing that the company snaps up competitors to eliminate them. Amazon killed sales of Kiva Systems' robots after the 2012 acquisition and used them exclusively in its warehouses, for instance. The 2017 and 2018 acquisitions of Blink and Ring reportedly helped Amazon dominate US video doorbell sales, while the internet retailer has also faced multiple accusations of abusing third-party seller data to launch rival products and promote them above others.
Sep-30-2022, 14:45:34 GMT
- Country:
- North America > United States (0.90)
- Industry:
- Technology:
- Information Technology > Artificial Intelligence > Robots (1.00)