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"We are pleased that Amazon and iRobot have abandoned their proposed transaction." https://www.ftc.gov/news-events/news/press-releases/2024/01/statement-regard
by rsanek 10mo ago
"We are pleased that Amazon and iRobot have abandoned their proposed transaction."
https://www.ftc.gov/news-events/news/press-releases/2024/01/statement-regarding-termination-amazons-proposed-acquisition-irobot https://www.ftc.gov/news-events/news/press-releases/2024/01/...
- zaptheimpaler 10mo agoWe know the FTC blocked the deal. What is this quote supposed to be showing us?
- renewiltord 10mo agoThe 'we' is doing a lot of work there. 'You' might know, but many do not and explicitly have different views. An example thread: https://news.ycombinator.com/item?id=46330028 https://news.ycombinator.com/item?id=46330028
- zaptheimpaler 10mo agoOops, I just assumed everyone knows who Lina Khan is and would infer the rest because I'm such a big fanboy!
- piker 10mo agoI wasn’t aware. It’s kind of useful to imagine a world where those products and the backing of Amazon. I’m not familiar with the market, but I can imagine availability of cheap competitors was the proximate cause of this company’s demise.
- yftsui 10mo agoYou know Lina Khan lead FTC blocked the deal, but if you check the thread, huge amount of folks aren’t aware of this fact. As an owner of 2 iRobot Roomba I feel so “protected” now, they may become a brick or spy of a foreign company.