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‘It felt so wrong’: Colin Angle on iRobot, the FTC, and the Amazon deal that never was

‘It felt so wrong’: Colin Angle on iRobot, the FTC, and the Amazon deal that never was

By Connie LoizosTechCrunch

When iRobot filed for Chapter 11 bankruptcy last Sunday , it marked the end of an era for one of America’s most beloved robotics companies. The Roomba maker, which had sold over 50 million robots since its 2002 launch, had survived 35 years of near-death experiences and technical challenges only to be undone by what founder Colin Angle calls “avoidable” regulatory opposition. The collapse followed Amazon’s January 2024 decision to scuttle its $1.7 billion acquisition of iRobot after 18 months of investigation by the FTC and European regulators. In this candid conversation, Angle reflects on what he describes as a profoundly frustrating process, the chilling message it sends to entrepreneurs, and his determination to move forward with a new venture in consumer robotics. This interview has been edited for length and clarity. TC: You called the bankruptcy “avoidable” and a “tragedy for consumers.” Walk me through what you think regulators got wrong in blocking the Amazon acquisition. CA: I think there’s a real lesson around the role of the FTC and the European Commission. The goal, of course, is to avoid the abuses that can happen in monopolies and with the goal of protecting consumer choice and protecting innovation. What happened was that iRobot and Amazon came together for the expressed purpose of creating more innovation, more consumer choice, at a time when iRobot’s trajectory was honestly different from where it was several years earlier. In the EU, we had a 12% market share [but it was] declining where the number one competitor was only three years old in the market, which is nearly the definition of a vibrant and dynamic marketplace. And in the United States, iRobot’s market share was higher, but it was declining and there were multiple growing competitors bringing outside innovation into the marketplace. This should have been a no-brainer. This should have been three, four weeks of investigation. What happened instead was a year and a half of pendency, which had a very challenging impact on the ability to operate a company and ultimately having the acquisition blocked. Join the Disrupt 2026 Waitlist Add yourself to the Disrupt 2026 waitlist to be first in line when Early Bird tickets drop. Past Disrupts have brought Google Cloud, Netflix, Microsoft, Box, Phia, a16z, ElevenLabs, Wayve, Hugging Face, Elad Gil, and Vinod Khosla to the stages - part of 250+ industry leaders driving 200+ sessions built to fuel your growth and sharpen your edge. Plus, meet the hundreds of startups innovating across every sector. Join the Disrupt 2026 Waitlist Add yourself to the Disrupt 2026 waitlist to be first in line when Early Bird tickets drop. Past Disrupts have brought Google Cloud, Netflix, Microsoft, Box, Phia, a16z, ElevenLabs, Wayve, Hugging Face, Elad Gil, and Vinod Khosla to the stages - part of 250+ industry leaders driving 200+ sessions built to fuel your growth and sharpen your edge. Plus, meet the hundreds of startups innovating across every sector. What was that 18-month process actually like? What were you being...

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‘It felt so wrong’: Colin Angle on iRobot, the FTC, and the Amazon deal that never was | Read on Kindle | LibSpace