e-commerce behemoth Amazon.com, Inc. (AMZN) has not offered concessions to the European Commission in its bid to garner approval for its proposed $1.7 billion takeover of Roomba robot vacuum cleaner maker iRobot Corp. (IRBT), according media reports on Thursday.
Amazon had until the end of Wednesday to offer resolution to the European Commission's objections on the deal. According to the Commission, Amazon may restrict competition in the European Economic Area or EEA-wide and/or national markets for robot vacuum cleaners or RVCs, by hampering rival RVC suppliers' ability to effectively compete.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.