Re:Figma and Adobe are abandoning our proposed merger
by peyton on Monday December 18, 2023 @10:48AM
(#38684048)
Published guidance is the correct tool. Blocking acquisitions doesn’t really decrease uncertainty.
Re:Figma and Adobe are abandoning our proposed merger
by airstrike on Monday December 18, 2023 @10:49AM
(#38684079)
The guidance already exists. Don't buy your biggest competitor, unless you're but one player in a diversified sector.
Blocking acquisitions creates precedents.
Re:Figma and Adobe are abandoning our proposed merger
by robertlagrant on Wednesday December 20, 2023 @04:23AM
(#38706796)
Adobe will be fine; this might wreck its biggest competitor.
If anything, IMHO, we've been too lenient with anti-trust in Tech in particular over the past 5-10 years. This just dials things back a little, and makes it so that "hard to quantify" risk is a little more likely than it was before, and certainly a little more likely than zero
I don't think Adobe / Figma specifically is an "otherwise obvious deal" precisely because it has such obvious anti-trust risk. The fact that this merger was even announced is all the proof I need that we were being too lenient. Figma can still sell to any number of huge Tech companies