Tag: regulation

  • 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…

  • FTC Cracks Down on Hidden Junk Fees

    The Federal Trade Commission (FTC) is taking a bold step to protect consumers from unexpected “junk fees” by proposing a new rule that mandates upfront disclosure. This move comes after the Biden administration exerted pressure on companies like Ticketmaster and Airbnb to be more transparent about their extra charges. Both companies have committed to making…