Eric Fruits on Antitrust Enforcement and the iRobot Merger
ICLE Senior Scholar Eric Fruits was quoted in an article in Las Vegas Review-Journal examining examining criticism of the FTC’s merger-deterrence strategy and how blocking the Amazon–iRobot deal ultimately contributed to iRobot’s acquisition by a Chinese company. Read the full article here.
International Center for Law & Economics senior scholar Eric Fruits tweeted, “I feel like I’m going crazy. Didn’t Lina Khan repeatedly tout her record of deterring mergers before they had a chance to be challenged, like here,” while Chamber of Progress founder Adam Kovacevich wrote, “There are some in the U.S. who have embraced European antitrust. But that thinking has led to the Chinese taking over irobot, instead an American company. These are self-inflicted wounds.”