Amazon Unlikely To Offer Remedies During EU Antitrust Preliminary Review Of iRobot Deal; EU Antitrust Regulators Expect To Open Full-Scale Investigation Into Deal After Preliminary Review; Amazon Has One Final Shot In Next Few Days To Avert Investigation
Portfolio Pulse from Happy Mohamed
Amazon is unlikely to offer remedies during the EU antitrust preliminary review of its iRobot deal, potentially leading to a full-scale investigation. The company has one final chance in the next few days to avert the investigation.
June 22, 2023 | 2:01 pm
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NEGATIVE IMPACT
Amazon faces potential EU antitrust investigation over its iRobot deal, which could delay or alter the deal's terms.
The news of a potential EU antitrust investigation could negatively impact Amazon's stock price in the short term, as it may delay or alter the terms of the iRobot deal.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
iRobot's deal with Amazon may face delays or changes due to a potential EU antitrust investigation.
The potential EU antitrust investigation could negatively impact iRobot's stock price in the short term, as it may lead to delays or changes in the deal with Amazon.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80