In response to news reports, including the Wall Street Journal, that EU competition regulators intend to block Amazon’s acquisition of iRobot, the following can be attributed to Computer & Communications Industry Association President Matt Schruers:
“If the objective is to have more competition in the home robotics sector, this makes no sense.
“There is no plausible risk to competition from a U.S. retailer acquiring a struggling U.S. vacuum maker in a sector overtaken by dynamic Chinese manufacturers. Blocking this deal may well leave consumers with fewer options, and regulators cannot sweep that fact under the rug.”
