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jmclnxlast Monday at 2:10 AM1 replyview on HN

>A hoped-for by acquisition by Amazon.com in 2023 collapsed over regulatory concerns.

I never understood why the US objected to this. Amazon was not in that business.

But you see acquisitions like Paramount that will eventually turn US media into a near monopoly with probably 2 or 3 players. Now we have a fight over who will pick up WB, I am sure who ever wins the fight will have the merger approved. But Amazon, denied.

FWIW, I have no love for Amazon, but they were not trying to buy a company like Walmart which will be far worse then buying iRobot.


Replies

amanaplanacanallast Monday at 2:16 AM

It appears that it was the EU which blocked the deal rather than the US.

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