![]() ![]() Facebook’s 20 purchases of Instagram and WhatsApp, and Google’s myriad deals in the digital advertising industry are core parts of ongoing litigation and investigations of the companies. Both the DOJ antitrust division and its sister agency the Federal Trade Commission have taken an aggressive stance against dealmaking, scrutinizing both current and past acquisitions by the technology giants. The 40-year-old Adobe is a Silicon Valley stalwart and a highly acquisitive company, having purchased most of its marquee products such as Photoshop. That’s why everyone is concerned,” he said.Īlong with the merger review, the DOJ is also expected to probe Adobe’s past acquisitions, said two of the people, who are not authorized to speak publicly about a confidential matter. I expect less competition and less innovation. “It seems pretty clear to me that is trying to take a player off the board. While Figma does not compete with core Adobe products such as Photoshop and Indesign, it quickly surpassed Adobe’s own collaboration software, Adobe XD, after the company launched in 2012.įigma has far surpassed Adobe in collaboration tools for designers, said Tadhg McCarthy, chief design officer at digital product consultancy Elsewhen. The DOJ has the discretion to open a longer, optional review period if it has concerns a deal will harm competition. 15 and are still in the review period mandated by law, according to three of the people. The companies announced their deal on Sept. The exact timing of the probe is unclear. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |