Another Antitrust Horror Story

Lina Khan ran the Federal Trade Commission for Joe Biden. Now, she’s telling New York City Mayor-elect Zohran Mamdani how to set up his administration.

One of the merger deals that trustbuster Khan blocked was a $1.7 billion acquisition by Amazon of Roomba maker iRobot. Now, Roomba has declared bankruptcy.

Amazon cited “disproportionate regulatory hurdles” – meaning “we couldn’t get it past Khan” – as a reason to pull out of the deal.

The day Amazon withdrew, iRobot announced it would lay off 350 people. Now, the company is bankrupt.

Congrats, Lina. Now everyone loses: the workers, the Amazon shareholders, the iRobot shareholders, and the American economy.

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