Consumers Will Be Winners From AMZN iRobot Purchase

Consumers Will Be Winners From AMZN iRobot Purchase
(AP Photo/Paul Sancya, File)

Earlier this month, Amazon announced their $1.7 billion deal to buy iRobot, and in spite of the critical reviews they’ve received since, this could be a good thing for American consumers. 

Opponents of this transaction claimed the acquisition would help Amazon assert monopoly control over the smart home market, while others called the deal an overt attempt to gain access to user data collected by iRobot. But the deal also stands to lower prices, improve product quality, and inject funds into the company that pioneered robot vacuums at a critical point in its life-span. If the deal goes like so many Amazon acquisitions before it, it would be a major benefit to consumers.

 

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