Amazon's iRobot deal faces July 6 EU antitrust deadline

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Amazon's iRobot deal faces July 6 EU antitrust deadline
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BRUSSELS :EU antitrust regulators will decide by July 6 whether to clear Amazon.com Inc's $1.7 billion acquisition of the maker of robot vacuum cleaner iRobot Corp, according to a European Commission filing on Thursday.U.S. online retailer Amazon announced the takeover in August last year that will boost its

BRUSSELS :EU antitrust regulators will decide by July 6 whether to clear Amazon.com Inc's $1.7 billion acquisition of the maker of robot vacuum cleaner iRobot Corp, according to a European Commission filing on Thursday.

The EU competition enforcer can either clear the deal with or without remedies after its preliminary review or it can open a four-month long investigation if it has serious concerns.

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