How does it work if the UK blocks it and the rest of the world doesn't?
Possibly a spinoff organization like Figma UK Operations LTD that handles the UK business separately from Adobe.
And what, buys/sells from merged AdobeFigma?
UK competition regulator finds Adobe’s purchase of Figma could reduce innovation
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Re: UK competition regulator finds Adobe’s purchase of Figma could reduce innovation
#32They were losing the battle for the design software market, so they bought the competition. The less innovative company bought the more innovative company. Of course it would reduce innovation.
Re: UK competition regulator finds Adobe’s purchase of Figma could reduce innovation
#33Earlier quoted context omitted.
> This argument makes absolutely no sense to me. There are some business models where acquisition is the only viable way to make money. Deepmind, Shazam, and Giphy were largely valuable because they create value for other big tech companies with respect to customer acquisition, market positioning and intellectual property. These companies had limited ability to make profits on their own. One can still argue though th…
Seems like companies that could have made money through licensing their product instead of being bought out?
The licensing would need to be exclusive and long term, otherwise the big tech companies would've (and should've) feared the risks of being deeply integrated and dependent on a third party.
Google would never have allowed a third party to use search results as training data, for example. Shazam might've had more flexibility unless Apple wanted to link it with customer data.
Exclusive long term licensing is effectively acquisition by another name.
Re: UK competition regulator finds Adobe’s purchase of Figma could reduce innovation
#34I would love to see an independent alternative to the Adobe menace
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Re: UK competition regulator finds Adobe’s purchase of Figma could reduce innovation
#35Good. It absolutely would reduce innovation. Adobe have already canned XD, which was a poor alternative to Figma, but Adobe had to at least pretend to compete. Problem is, even though Figma have captured a large proportion of the digital design market, they took on so much funding that their only real options are a purchase or IPO. I don’t believe that subscriptions alone would bring in enough for the kind of returns…
This is absolutely right, and why their new dev tools feature add an additional $25 per seat to use.
Even though I would rather pay less — if the integration between a Design System and Github is clean enough it might be worth it for my DSM team? It's real value. It's also why they launched Figjam — which has gotten Miro off of my balance sheet.
I want Figma to scale up and be the anti-Adobe. Financial balance of Figma aside - this acquisition kinda sucks.
Re: UK competition regulator finds Adobe’s purchase of Figma could reduce innovation
#36They were losing the battle for the design software market, so they bought the competition. The less innovative company bought the more innovative company. Of course it would reduce innovation.
They did this before with at least Aldus and Macromedia.
Re: UK competition regulator finds Adobe’s purchase of Figma could reduce innovation
#37Good. It absolutely would reduce innovation. Adobe have already canned XD, which was a poor alternative to Figma, but Adobe had to at least pretend to compete. Problem is, even though Figma have captured a large proportion of the digital design market, they took on so much funding that their only real options are a purchase or IPO. I don’t believe that subscriptions alone would bring in enough for the kind of returns…
Adobe, Netflix, Google, etc. They all need to realise one thing. You can choose to start something, but it's only the audience that can choose to end it. Whether that's a new app, series, or web tool: the problem is the same, no one is going to invest their time and effort on something that will be canned if it is not an instant success. Each are now trapped in a problem of their own making: people avoid their new of…
We need a term for it - the fear of adopting something because it might be cancelled based on past history leading to the cancellation further confirming that these companies would cancel new products.
Re: UK competition regulator finds Adobe’s purchase of Figma could reduce innovation
#38Interesting. Right now Figma is THE standard for UX design. It completely blew Sketch away thanks to Covid. I really haven't heard UX designers talk about going back to Sketch or any other program, in fact I've only heard multiple people talk about how Figma is just getting better with their new update (especially around prototyping). Personally, I'm not a fan of Adobe, but it seems like there's a lot of UX designers…
Until they find Figma will either disappear or get more expensive under adobe.
They’ll just add it to their subscription service.
And probably rename it Figma XD Max Pro.
Re: UK competition regulator finds Adobe’s purchase of Figma could reduce innovation
#39I think many Figma users are concerned with Adobe's purchase of Figma. I've already removed Adobe products twice from my life (professional and personal) and would prefer to not have to do it again. That said, I can't see the acquisition being a problem for competition in this particular space. It's not hard to imagine someone just making figma-but-different and becoming the next big thing. There are also countless o…
Like what? In my neck of the woods, everyone uses Figma, XD or Sketch.
Re: UK competition regulator finds Adobe’s purchase of Figma could reduce innovation
#40I interned at the CMA in 2014 and had several friends working on merger control. This [1] page has more details on the case, and has an invitation to comment at the bottom. In my experience, detailed comments from relevant industry participants, e.g. customers, competitors, are given serious weight and consideration, and very few are supplied. It's a useful mechanism for those concerned about a tech merger. "Invitati…
Thank you, I’ve provided some feedback.
You're about a month and a half too late. The request for comments ended on May 18.