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Adobe abandons $20 billion acquisition of Figma
(www.theverge.com)
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this post was submitted on 19 Dec 2023
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Headline should reflect that it's because of regulators, Adobe for sure would like to be a monopoly. Second time we were saved since Nvidia buying Arm got canceled.
Well, specifically, a market monopoly for UX design tools. They already have a pretty strong stranglehold over other creative disciplines. Illustration, photography, graphic design, print publishing, etc.
Like UX, there are lots of smaller alternatives, but Adobe’s apps dominate the pro space.
Ah, headline should of read then "You Won't Believe How Big Government Steps In And Crushes This Person's* Freedom"
*Person refers to Adobe, see laws and regulations of the United States