Tag: antitrust

  • Adobe Abandons $20 Billion Figma Deal

    Adobe Abandons $20 Billion Figma Deal

    Adobe’s $20 billion acquisition of Figma was halted due to regulatory challenges in Europe and the UK, with concerns about potential harm to innovation and competition. Adobe will pay Figma a $1 billion termination fee. Figma, expanding and profitable, could attract IPO interest. The deal’s cancellation reflects increased regulatory scrutiny on tech mergers, potentially affecting…

  • Epic Games wins Google

    Epic Games wins Google

    In a landmark decision, Epic Games triumphed over Google in a recent antitrust lawsuit, marking a significant moment in the ongoing debate over Big Tech’s dominance. This case, contrasting sharply with Epic’s earlier loss to Apple, highlights the nuanced legal landscape surrounding tech giants and their control over digital marketplaces. The jury found Google guilty…

  • Microsoft CEO Highlights the Challenges of Competing in the Search Engine Market

    In a federal court this week, Microsoft CEO Satya Nadella took the stand in the ongoing antitrust trial against Google, painting a bleak picture for any company aspiring to compete in the search engine market. Nadella described the internet as “really the Google web,” emphasizing how Google’s pervasive market share forces publishers and advertisers to…