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Uncle Sam to block Adobe absorption of Figma over monopoly fears

theregister.com

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Re: Uncle Sam to block Adobe absorption of Figma over monopoly fears

#2
I'm a longtime Figma user and selfishly I hope they don't get sold to Adobe.

That said...The sale was rumored to be about $20b. Does anyone really think that Figma has any chance of producing a return to shareholders even close to that sale price even if they charge customers aggressively?

Re: Uncle Sam to block Adobe absorption of Figma over monopoly fears

#3

I'm a longtime Figma user and selfishly I hope they don't get sold to Adobe. That said...The sale was rumored to be about $20b. Does anyone really think that Figma has any chance of producing a return to shareholders even close to that sale price even if they charge customers aggressively?

The question isn't Adobe will make back their money, though they will. The question is how much money they don't get because are customers using Figma and no longer have to pay Adobe.

Re: Uncle Sam to block Adobe absorption of Figma over monopoly fears

#5

I'm a longtime Figma user and selfishly I hope they don't get sold to Adobe. That said...The sale was rumored to be about $20b. Does anyone really think that Figma has any chance of producing a return to shareholders even close to that sale price even if they charge customers aggressively?

The US govts primary concern is not figma shareholders. It's US citizens as it should be.

The harm to citizens outweighs the benefit to shareholders by too much in this case to allow it.

Re: Uncle Sam to block Adobe absorption of Figma over monopoly fears

#6

I'm a longtime Figma user and selfishly I hope they don't get sold to Adobe. That said...The sale was rumored to be about $20b. Does anyone really think that Figma has any chance of producing a return to shareholders even close to that sale price even if they charge customers aggressively?

Strangely enough every actor here is doing the right thing.

Adobe is serving their shareholder interests by munching up the competition, Figma is selling to Adobe because of the reasons you outlined, and the regulators are stepping in to represent the interests of the public.

This is very much the system working as-designed

Re: Uncle Sam to block Adobe absorption of Figma over monopoly fears

#7

When this deal was originally announced, Adobe's stock took a ~10% hit. Now that the deal is getting blocked, their stock is again taking a hit? I certainly can't claim to understand the public markets.

The first hit was from investors that didn't like the deal... the second is from investors that liked it. That the former won't come back makes sense and so does the market. Well at least in this case.

Re: Uncle Sam to block Adobe absorption of Figma over monopoly fears

#8

When this deal was originally announced, Adobe's stock took a ~10% hit. Now that the deal is getting blocked, their stock is again taking a hit? I certainly can't claim to understand the public markets.

Maybe it's: "uh-oh Adobe must be in a really bad position if they agreed to pay 20b for Figma". Followed by, "Uh-oh, the need to buy Figma but can't".

Re: Uncle Sam to block Adobe absorption of Figma over monopoly fears

#9

I'm a longtime Figma user and selfishly I hope they don't get sold to Adobe. That said...The sale was rumored to be about $20b. Does anyone really think that Figma has any chance of producing a return to shareholders even close to that sale price even if they charge customers aggressively?

The US govts primary concern is not figma shareholders. It's US citizens as it should be. The harm to citizens outweighs the benefit to shareholders by too much in this case to allow it.

What’s the implied harm to citizens?
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