Regulators' must decide whether to challenge Amazon's deals for OneMedical and iRobot.
Challenging Amazon's acquisitions will be a major test for the resource-strapped FTC and for Khan's effort to transform tech regulation.
Khan and Justice Department antitrust chief Jonathan Kanter have both been vocal with concerns about large platforms acquiring smaller ones, Alden Abbott, former general counsel at the FTC, now a fellow at the free-market leaning Mercatus Center at George Mason University, told Axios. "By purchasing an already popular smart home device, they will be able to extend the device’s prevalence through anti-competitive pricing while using personal consumer data to further entrench their monopoly power in the digital economy," the advocacy groups' letter to the FTC, led by Public Citizen, reads.
"In the short term, there's a lot of benefits across the board. But once you eventually close that gap, it could start creating competition and privacy issues."The rapidfire announcements of the OneMedical and iRobot deals were a case of coincidental timing, a source close to Amazon told Axios.
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