Amazon calls off bid to buy robot vacuum cleaner firm

Amazon calls off bid to buy robot vacuum cleaner firm
The firm makes the Roomba vacuum cleaning robot (AP)

Amazon has called off its proposed acquisition of iRobot, with the ecommerce giant blaming “undue and disproportionate regulatory hurdles” as the deal faced competition scrutiny on both sides of the Atlantic.

The companies said in joint statement that they “entered into a mutual agreement to terminate their announced acquisition agreement”.

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