Rabois: FTC's Adobe-Figma challenge was standard antitrust enforcement
Keith Rabois · Keith Rabois on Rejoining Khosla Ventures | E1102 · 20VC with Harry Stebbings · Jan 12, 2024 · at 1:09:59
Keith Rabois, partner at Khosla Ventures and trained antitrust attorney, evaluates the legal merits of FTC regulator actions against tech M&A, specifically Adobe-Figma and Visa-Plaid.
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“Figma in some ways was easier case for the government in the FTC, which has been very aggressive than many other cases. You know, Figma Is competitive with Adobe's products. Like at the end of the day, that's not like a stretch where the FCC has been taking some crazy positions based upon, you know, 50, 60, 70, 80 years of American jurisprudence. They've been really confronting some acquisitions that really don't have market overlap. This one seems down, much more down the middle. As did Plaid and Visa.”
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