4 ms·
I don't think "the government" does anything unless someone complains. In this case, the process is to send a letter requesting a "Business Review" [1]. It's pr
by javajosh 4y ago
I don't think "the government" does anything unless someone complains. In this case, the process is to send a letter requesting a "Business Review" [1]. It's probably a "fill out this simple 30 page form, wait 2.5 years (max!) and then have your review request politely declined" situation, but I suppose it's foolish to complain before trying. It feels like one of those processes that costs lawyer money that another business would usually pay for; however it's not clear what business would pay for this - maybe a heavy user of Figma? But then even if you 'win' and stop the sale, doesn't that alienate you from the founders?
1 - https://www.justice.gov/atr/business-reviews https://www.justice.gov/atr/business-reviews
- lvzw 4y agoThis is not correct. There will almost certainly be a second request issued by the FTC or DOJ in this matter, and my guess is that it will almost certainly get challenged by one of those agencies. [1] In building their case, the agencies will reach out to users and competitors of the companies. Adobe and Figma know that this merger will certainly be contentious on antitrust issues, and I bet there is a large breakup fee that Adobe would have to pay for Figma if the merger was blocked for this reason. [1]: https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/mergers/premerger-notification-merger-review-process https://www.ftc.gov/advice-guidance/competition-guidance/gui...
- fblp 4y agoAnyone here can lodge this simple form. If you think this merger will substantially lesson competition and stifle innovation lodge a complaint: https://www.ftc.gov/enforcement/report-antitrust-violation https://www.ftc.gov/enforcement/report-antitrust-violation At a minimum, they will investigate this and make inquiries (typically within months) if they see a high volume of complaints. https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/mergers https://www.ftc.gov/advice-guidance/competition-guidance/gui... "Some mergers change market dynamics in ways that can lead to higher prices, fewer or lower-quality goods or services, or less innovation. Section 7 of the Clayton Act prohibits mergers and acquisitions when the effect "may be substantially to lessen competition, or to tend to create a monopoly." "
- mkaic 4y agoJust filed a complaint! I didn't know this form existed, as I've never genuinely wanted to file an antitrust complaint before, but there's a first time for everything and I despise Adobe so it gets the honor of being in my first FTC complaint.
- atomicfiredoll 4y agoI'm happy to submit a form or complaint. I stopped doing business with Adobe years ago and this is the second product they've bought out from underneath me since then, the first being Substance. That said, I don't know a ton about antitrust laws and imagine they need something specific. Does anybody have a clear idea what the actual breaches that I should be complaining about are?
- fblp 4y agoDid you see this link? This provides an overview of anti trust laws regarding mergers https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/mergers https://www.ftc.gov/advice-guidance/competition-guidance/gui...