U.K.’s Competition and Markets Authority is investigating the anticipated acquisition by Amazon.com (AMZN) of iRobot (IRBT). The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.Reference Link
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on AMZN:
- 5 Best Value Stocks to Invest in Now, According to Analysts – April 2023
- Alibaba Set to Roll Out ChatGPT-Style Chatbots
- AAPL, AMZN, META: Will the Rally in Big Tech Stocks Hold?
- Experian selects AWS as preferred cloud provider to drive product innovation
- Amazon.com price target lowered to $125 from $135 at Oppenheimer