Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division issued a statement following Adobe Inc.'s decision to abandon its proposed acquisition of Figma Inc.
“The Antitrust Division remains committed to protecting competition in technology markets. The decision to abandon this acquisition ensures that designers, creators, and consumers continue to get the benefit of the rivalry between the two companies going forward. I am grateful for the tireless efforts of our talented staff of lawyers, economists, paralegals, and others at the Antitrust Division who conducted a thorough investigation of this proposed merger and do such a tremendous job safeguarding competition,” said Kanter.
