Amazon CEO Andy Jassy criticizes antitrust regulators for blocking iRobot acquisition, citing it as a "really sad story" of how regulation can kill a company.
Amazon CEO Andy Jassy criticizes antitrust regulators for blocking the company's acquisition of Roomba maker iRobot, citing the decision as a "really sad story" of how regulation can kill a company. Jassy expresses frustration with regulators who he believes don't trust Amazon as much as they trust large Chinese companies with access to consumer data. The iRobot acquisition was blocked by the European Commission due to potential competition restrictions in the robot vacuum cleaner market.
April 11, 2024
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