Antitrust regulators are currently investigating Amazon and iRobot for alleged antitrust violations. The Federal Trade Commission (FTC) has launched an investigation into whether Amazon has engaged in anti-competitive practices by using its dominant market position to suppress competition. Similarly, the FTC is investigating iRobot, the company that makes Roomba, for allegedly engaging in anti-competitive behavior in the smart home space.
Amazon is one of the largest e-commerce companies in the world, with a market share of over 38%. The company has been accused of using its market power to suppress competition by offering lower prices on its own products and promoting them over similar products from third-party sellers. This behavior, if proven, could violate antitrust laws by giving Amazon an unfair advantage over its competitors.
iRobot, on the other hand, has been accused of using its dominance in the smart home market to prevent competitors from entering the space. The company has allegedly engaged in exclusive dealing and bundling practices, which prevent other companies from offering similar products. This behavior could also be a violation of antitrust laws, as it limits competition and consumer choice.
The investigation into Amazon and iRobot is still ongoing, and it remains to be seen what action the FTC will take. However, if the allegations are proven to be true, they could have significant implications for the tech industry as a whole.
We are facing an unprecedented level of censorship, so your support is vital to bring you the facts the mainstream media refuse to. Please Donate a Buck or Two, It’s quick, secure, and easy. https://gogetfunding.com/realnewscast/