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.
Elevate Your Tech Prowess with High-Value Skill Courses
| 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.
