iRobot in dire straits, likely to collapse within 12 months
www.theregister.com
: We're doomba, say Roomba goombas, unless...

Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant’s takeover offer, has warned investors it may not survive the next 12 months.

  • sunzu2@thebrainbin.org
    1·
    4 days ago

    Hmm so this entire trick of setting up companies just to be bought by mega corps appears to be not a viable strategy if anti trust law is enforced?

    Edit: apparently this company was set up before sell to mega corp craze got kicked off. I don’t think changes the thesis but this case study doesn’t support it with the strength I suggested

    Hmm as if last 30 years of corpo behavior has been essentially to maintain mega corp dominance via captured regulators and legislators

    We got the capitalism alright but where is the free market at, daddy?