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One thing we could all agree is 20B for Figma is too expensive considering how the market has shifted.

Figma is still solid company/business, but Adobe probably could acquire them much cheaper in today's market.

Google was too expensive for Yahoo multiple times. You should look this from a bigger time scale. Sure they were paying a lot of goodwill on the deal. But if, down the road, Figma now starts their trajectory to become an equal to Adobe it sure would have been nice to capture that market all to yourself. Like Nvidia or TSMC.

For the record, I am happy this fell through since it's clear Adobe needs competition to stop it abusing its market position.

Yes this is exactly why governments should not allow acquisitions like this

You're suggesting there's a lunch to be eaten? I'm getting kinda famished...

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