The Biden administration's radical antitrust crusade just handed Communist China another American technology company on a silver platter – and Patriots should be absolutely furious about it.
Federal regulators blocked Amazon's acquisition of iRobot, the Massachusetts-based maker of Roomba vacuum cleaners, claiming they were "protecting competition." The result? iRobot went bankrupt last December and is now being carved up by Chinese creditors. Another American innovation lost to our greatest economic rival thanks to bureaucratic incompetence.
This is exactly the kind of regulatory madness that President Trump and his team are working to dismantle. While Biden's antitrust zealots were busy playing politics with American businesses, they literally drove a robotics pioneer into the arms of the Chinese Communist Party.
The Real Victims: American Workers
Think about this, folks – Amazon's acquisition could have saved American jobs, strengthened U.S. technological leadership, and kept critical robotics technology out of Chinese hands. Instead, federal bureaucrats decided they knew better than the free market.
iRobot wasn't just making vacuum cleaners. This company was developing cutting-edge robotics technology that could have strategic importance for America's economic and national security future. Now that technology is being sold off to foreign interests while American workers lose their livelihoods.
"Antitrust law is supposed to defend consumers and prevent monopoly abuse. In this case, regulators killed a deal that could have kept iRobot alive, preserved American jobs, and strengthened a U.S. company facing brutal Chinese competition."
This is what happens when government gets too big and starts picking winners and losers in the marketplace. The Biden regime's obsession with breaking up successful American companies has consequences – and those consequences benefit our enemies while hurting our own people.
President Trump's deregulation agenda and Elon Musk's Department of Government Efficiency can't come fast enough. How many more American companies will we lose to regulatory overreach before we restore common sense to Washington?