Antitrust AAG Kanter Statement After Adobe and Figma Abandon Merger

Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division issued the following statement after Adobe Inc. abandoned 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.”