Sources: the FTC has begun a review of Amazon’s $1.7B takeover of iRobot to assess if the deal violates antitrust law and illegally boosts Amazon’s market share (Josh Sisco/Politico)

Josh Sisco / Politico:
Sources: the FTC is likely to file an antitrust lawsuit to block Microsoft’s $69B Activision Blizzard deal; FTC staff are skeptical of the companies’ arguments  —  The Federal Trade Commission is likely to file an antitrust lawsuit to block Microsoft’s $69 billion takeover …

Dave Michaels / Wall Street Journal:
Filing: the FTC opens an investigation into Amazon’s $1.7B iRobot acquisition, requesting documents from both companies; investigations typically take a year  —  Federal antitrust agency sought records about deal from Amazon and iRobot this week  —  WASHINGTON—Federal antitrust enforcers …

Josh Sisco / Politico:
Sources: the US DOJ is preparing to open an in-depth probe into Adobe’s $20B takeover of Figma and has been contacting customers, competitors, and investors  —  The Justice Department is preparing to open an in-depth investigation of Adobe’s $20 billion takeover of design collaboration company Figma …

Kathryn Tewson / Techdirt:
Hands-on with DoNotPay, a service claiming to be the first robot lawyer: slow, drafted a terrible defamation demand letter, missed legal issues, and more  —  Note: This post is an adaptation of what started initially as a Twitter thread.  —  I’ve been going pretty hard on DoNotPay …

Samuel Stolton / Politico:
Sources: EU antitrust regulators are preparing to send Meta a “statement of objections” over possibly leveraging its social network to boost Marketplace  —  EU antitrust enforcers are preparing to send Facebook a list of charges over the U.S. firm’s anti-competitive abuses …

The Verge:
At Tesla AI Day, Musk reveals a protoype of Optimus, a humanoid robot that uses Tesla’ AI and advanced driver assist features, expects to cost less than $20K  —  Tesla CEO Elon Musk revealed a prototype of a humanoid robot that he said utilizes the company’s AI software …