Amazon scraps plans to buy iRobot in face of EU opposition

Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ) on Monday said it was scrapping plans to buy the iRobot vaccum maker after the EU's antitrust authority objected to the plan over competition concerns.  "We're disappointed that Amazon's acquisition of iRobot could not proceed," said David Zapolsky, Amazon SVP and General Counsel. Reports last week suggested the takeover was set to be blocked by the EU's competition watchdog. The deal had previously been given the all-clear for the purchase by the UK government's compet ...