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EU Warns on Amazon's iRobot Acquisition
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iRobot shares plummet as EU warns about Amazon's $1.7 billion acquisition, citing competition concerns. The deal, expected to be ruled on by Feb. 14, may restrict competition in the market for robot vacuum cleaners. The U.S. Federal Trade Commission is also investigating the acquisition.
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How might the EU's warning impact the future of acquisitions in the technology sector?
In what ways could the EU's warning and the FTC's investigation influence competition in the robot vacuum cleaner market?
What are the potential implications of the U.S. Federal Trade Commission's investigation into Amazon's acquisition of iRobot?
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