Amazon has called off its proposed acquisition of iRobot, with the ecommerce giant blaming “undue and disproportionate regulatory hurdles.”
Amazon on Monday called off its proposed acquisition of iRobot, which was facing antitrust scrutiny on both sides of the Atlantic, with the ecommerce giant blaming “undue and disproportionate regulatory hurdles.”
The companies said in joint statement that they “entered into a mutual agreement to terminate their announced acquisition agreement.
