Amazon to Buy Roomba-Maker IRobot for $1.65 Billion

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The Biden administration is ramping up scrutiny of deals by technology giants. The US Federal Trade Commission has been looking at Amazon since 2019 over antitrust concerns with its retail business and cloud computing services. Lina Khan, who became chair of the agency last year, had made a name for herself with a groundbreaking legal paper into Amazon’s potential antitrust violations and has taken a personal interest in the probe. The FTC is ramping up that investigation under Khan, shaking up the investigative team, re-interviewing potential witnesses and asking about Amazon’s recent acquisition of MGM Studios, Bloomberg has reported.



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Image and article originally from www.bqprime.com. Read the original article here.