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Amazon takeover of iRobot

The takeover by Amazon had been seen as a boon for the firm, as it has struggled with sales declines. Amazon’s takeover of vacuum cleaner maker iRobot is set to be blocked by the European Union’s competition watchdog. The online giant moved to buy iRobot, maker of the Roomba cleaner, in August 2022 in a takeover deal set to cost $1.7bn (£1.4bn). It was looking to expand its footprint in the market for smart home appliances. Do you support the takeover?

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