I have no idea why so many people are asserting that the FTC has been sitting on this for 15 months.
The first paragraph of the article, FROM FIGMA, says:
"Figma and Adobe have reached a joint decision to end our pending acquisition. It’s not the outcome we had hoped for, but despite thousands of hours spent with regulators around the world detailing differences between our businesses, our products, and the markets we serve, we no longer see a path toward regulatory approval of the deal."
The FTC has not been slow rolling this, they have been in discussions. No one wants the FTC to sue unless they have too, especially Figma/Adobe ... it sounds like Figma and Adobe have finally admitted that they were not going to win this one.
The first paragraph of the article, FROM FIGMA, says:
"Figma and Adobe have reached a joint decision to end our pending acquisition. It’s not the outcome we had hoped for, but despite thousands of hours spent with regulators around the world detailing differences between our businesses, our products, and the markets we serve, we no longer see a path toward regulatory approval of the deal."
The FTC has not been slow rolling this, they have been in discussions. No one wants the FTC to sue unless they have too, especially Figma/Adobe ... it sounds like Figma and Adobe have finally admitted that they were not going to win this one.