Amazon CEO Andy Jassy spurns regulators after failed iRobot deal: 'It's a sad story'

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Amazon CEO Andy Jassy spurns regulators after failed iRobot deal: 'It's a sad story'
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Jassy said regulators' move to stop the iRobot deal shows they 'trust these two large Chinese companies with maps' of Americans' homes more than they do Amazon.

Amazon CEO Andy Jassy took aim at regulators who are increasingly blocking mergers, including the company's planned acquisition of Roomba maker iRobot.

Jassy said the move showed that regulators "trust these two large Chinese companies with maps of the inside of U.S. consumers' homes more than they do Amazon." The iRobot decision also comes as global regulators have been more aggressive in attempting to block Big Tech companies from expanding further, with the Biden administration making antitrust enforcement in the tech sector a top priority.

"I think people don't know what they can do right now," Jassy said. He urged regulators to be "more reasonable" in their stance on Big Tech deals.in September, accusing it of operating an illegal monopoly that stifles competition and raised prices for consumers, while increasing costs for sellers.

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