: U.K. regulator says it’s launched merger inquiry into Amazon’s deal to buy iRobot

The U.K. Competition and Markets Authority said it’s launched a merger inquiry into Amazon.com’s AMZN deal to buy iRobot IRBT and has set a June 16 deadline for its phase 1 decision. The regulator had previously said it was considering whether the deal would result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services. Amazon last year said it was going to buy iRobot for $1.7 billion, or $61 per share, in cash.

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