Opposing one purchaser does not imply supporting another purchaser. I don't know the details of this specific transaction, but I would guess the Chinese buyer does not have the same market power that Amazon does, so isn't running afoul of antitrust law. It's also possible Warren is opposed to this purchase, too, but no longer has the influence to stop it.
> Opposing one purchaser does not imply supporting another purchaser
Opposing the merger in this case necessarily meant embracing iRobot going out of business. Their financial position was clear, and no one else was in that business vertical but iRobot and Chinese companies. So either iRobot folds and the market is owned by Chiense companies, or iRobot folds and its IP is bought by Chinese companies.
> but I would guess the Chinese buyer does not have the same market power that Amazon does
In home robotics? They own the whole market.
> Warren is opposed to this purchase, too, but no longer has the influence to stop it.
Warren is too blindly ideological and frankly stupid to have pieced this together.
It is absolutely the the role of government to regulate commerce and establish competitive markets (note the lack of the word free here).
I also have zero faith in tech leadership as they have been the major driver of mass misery across humanity. Not only should they be stripped of their positions in their companies, but leadership should be directly given to the workers.
It's the only way to right to the wrong. If it's good enough for executives (voting for other executives, pay packages, and company direction), it's also good enough for workers.
