Nestle has expressed concerns about the unprecedented headwinds faced by commodity prices, which are expected to impact milk prices. The company’s statement comes amidst rising global commodity prices, including that of milk. This raises concerns for consumers who may have to pay more for their dairy products. Read more to find out the impact of these price hikes.
European regulators have expressed concerns that Amazon’s proposed acquisition of iRobot may harm competition. The European Commission believes that the buyout may hinder iRobot’s rivals from effectively competing on Amazon’s marketplace, particularly in France, Germany, Italy, and Spain. They also believe that Amazon may engage in anti-competitive practices by limiting visibility and raising costs for iRobot’s rivals. The commission has until February 14th to make a final decision on the deal. Amazon’s acquisition of iRobot was announced last year for $1.7 billion.
