00:00iRobot just filed for bankruptcy and the critics are pointing the finger straight at Senator
00:04Elizabeth Warren. The Roomba maker collapsed into Chapter 11 this weekend, years after a $1.7
00:10billion Amazon acquisition was blocked by regulators and lawmakers, including Warren.
00:15At the time, she warned the deal would hurt competition. Now iRobot is being sold to a
00:20Chinese supplier instead. Since the Amazon deal was killed in 2022, iRobot has been squeezed from
00:27every angle. Cheaper Chinese competitors, rising costs, new tariff on Vietnam-made goods,
00:33and nearly $100 million owed to that same supplier now taking control. Under President Trump's trade
00:39policies, iRobot also racked up unpaid import tariffs, adding more pressure to its balance sheet.
00:45Online, the backlash has been brutal. Investors, CEOs, and creators are resurfacing Warren's old
00:51tweets. Now with community notes saying the blocked deal may have helped push iRobot into bankruptcy.
00:58What started as an antitrust fight to protect consumers may end with American jobs lost and
01:03a once iconic U.S. robotics company in foreign hands.
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