The Department of Justice has approved Adobe’s $3.4 billion acquisition of Macromedia despite earlier concerns about a lack of viable competition in the market. Microsoft is in the final stages of developing products to rival Adobe’s Photoshop, Illustrator and Acrobat — good news for antitrust enforcers but likely to cause concern at Adobe, which, thus far, has managed to avoid a direct showdown with Microsoft.
Originally by Law.com Legal Technology, 6:42 PM
