Amazon’s bid to buy leading robot vacuum maker iRobot has collapsed from EU regulatory pressure, forcing the Roomba maker to make major cuts to its R&D spend and workforce. And that could have big repercussions for home robotics in the future.The proposed $1.7 billion acquisition was first announced back in August 2022, but in November 2023 the European Commission revealed its objections to the deal in a press release that warned the move ‘may restrict competition in the market
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