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adobe figma deal: Adobe open to discussions with EU on Figma deal remedies, says chief counsel

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Photoshop maker Adobe expects to get an EU antitrust warning on its $20 billion bid for cloud-based designer platform Figma and is open to proposing remedies to resolve regulatory concerns, its chief counsel told Reuters on Wednesday.

“We are expecting a statement of objections from the European Commission,” Dana Rao said in an interview.

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“We are certainly open to the discussion of remedies. We absolutely want this deal to go through but as I said, until we see the statement of objections and see exactly what the concerns are, we will be designing a solution without knowing what the problem is.” (Reporting by Foo Yun Chee; Editing by Kirsten Donovan)

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Photoshop maker Adobe expects to get an EU antitrust warning on its $20 billion bid for cloud-based designer platform Figma and is open to proposing remedies to resolve regulatory concerns, its chief counsel told Reuters on Wednesday.

“We are expecting a statement of objections from the European Commission,” Dana Rao said in an interview.

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Offering College Course Website
IIT Delhi IITD Certificate Programme in Data Science & Machine Learning Visit
IIM Lucknow IIML Executive Programme in FinTech, Banking & Applied Risk Management Visit
Indian School of Business ISB Product Management Visit

“We are certainly open to the discussion of remedies. We absolutely want this deal to go through but as I said, until we see the statement of objections and see exactly what the concerns are, we will be designing a solution without knowing what the problem is.” (Reporting by Foo Yun Chee; Editing by Kirsten Donovan)

Discover the stories of your interest

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.

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