{"id":38640,"date":"2023-03-01T15:45:21","date_gmt":"2023-03-01T20:45:21","guid":{"rendered":"https:\/\/mjtsai.com\/blog\/?p=38640"},"modified":"2023-03-01T15:45:21","modified_gmt":"2023-03-01T20:45:21","slug":"blocking-adobes-acquisition-of-figma","status":"publish","type":"post","link":"https:\/\/mjtsai.com\/blog\/2023\/03\/01\/blocking-adobes-acquisition-of-figma\/","title":{"rendered":"Blocking Adobe’s Acquisition of Figma"},"content":{"rendered":"

Leah Nylen et al.<\/a> (Hacker News<\/a>):<\/p>\n

The Justice Department is preparing an antitrust lawsuit seeking to block Adobe Inc.’s $20 billion acquisition of startup Figma Inc., people familiar with the matter said.<\/p>

[…]<\/p>

The deal also faces an antitrust review<\/a> in the European Union after the bloc’s antitrust watchdog said it had received requests from national regulators to look into the deal. The UK Competition and Markets Authority is reviewing the merger as well, and the three jurisdictions often coordinate on their investigations.<\/p>

The antitrust division, which has taken a more aggressive approach to mergers under President Joe Biden, is concerned the deal — one of the largest takeovers of a private software maker — would reduce options for design software used by creative professionals.<\/p><\/blockquote>\n\n

Paul Kunert<\/a> (Hacker News<\/a>):<\/p>\n

\n

Adobe told us it expects the sale to stand up.<\/p>\n<\/blockquote>\n\n

Previously:<\/p>\n