Amazon’s Acquisition of iRobot a Huge Privacy Concern
Amazon is out shopping again!
Just recently, they announced the acquisition of iRobot Corp, maker of Roomba vacuum cleaner, for $1.65 Billion and OneMedical for $3.49 Billion.
These are 2 very big acquisitions within the space of about a week, with huge implications for consumers and sellers.
In this episode, I am joined by Shannon Roddy as we take a 40,000-foot view of what this means to sellers and why we should all be concerned that Amazon has the ability to do this.
Do we really want one company to be able to make multiple BILLION-dollar acquisitions in about the span of one week?
But even more importantly, we discuss the antitrust implications and why Amazon consolidating its power in this way is not good for consumers, sellers, and even the country.
Tune in and hear what we think about these acquisitions, including the major privacy questions that arise for consumers and the negative impact on sellers.
Key Takeaways
- Why is Amazon buying Roomba? (02:09)
- What is iRobot and Roomba (07:23)
- Recent acquisition history and Amazon’s behavior after (11:16)
- Is this good or bad for sellers? (13:19)
- Is this good or bad for consumers? (14:56)
- Amazon behaves like a sociopath (17:29)
- Antitrust implications (21:46)
- Where did Amazon get all that money? (23:45)
Additional resources:
- Schedule a FREE consultation with the Ave7 team
- Grab the FREE Amazon Seller Central Checklist
- Get the book “The Amazon Jungle” book by Jason Boyce
- Learn more about Avenue 7 Media
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Day 2 Podcast has a goal of helping Amazon sellers learn how to launch, grow and protect their brand on the world's largest online marketplace (and beyond).
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