Development of Robot Lawnmowers Will Be Delayed Thanks to New Antitrust Ruling
Development of Robot Lawnmowers Will Be Delayed Thanks to New Antitrust Ruling
A merger between Amazon and robotic vacuum producer, iRobot, was terminated recently after the European Commission failed to approve the deal. Immediately following the deal’s termination, iRobot announced it would be laying off roughly 31 percent of its workforce and ending research into new household products. The European Commission’s reasoning for rejecting the merger is...