So the FTC blocked Amazon's acquisition of iRobot in January 2024 and now China gains control of the assests for a bargain? Another stupid application of antitrust.
From Bloomberg:
> Earnings began to decline since 2021 due to supply chain headwinds and increased competition.
I know that there's a slight difference between Chinese-state owned enterprises and Amazon, but isn't a sale to either one worrying?
I believe it was the EU rather than the FTC which killed the deal.
From Bloomberg:
> Earnings began to decline since 2021 due to supply chain headwinds and increased competition.
I know that there's a slight difference between Chinese-state owned enterprises and Amazon, but isn't a sale to either one worrying?