Who said that? The point is that anticompetitive acquisitions, like Adobe acquiring a direct competitor, hurt everyone but the acquirer, and should be tightly controlled.

Nobody would care if Figma were getting acquired by GitLab or Salesforce or Atlassian or whatever. The fact that it's a direct competitor known for destroying acquisitions is the problem.

Parts of the Adobe software suite has more than 30 years of technical debt, and it shows.

What's so hard to understand?

The goal of facebook is some meta universe. Most users go on to write a friend..

OTOH being acquired by a behemoth company always feels uneasy for the product. Imagine an acquisition by Google, or Facebook, or Microsoft, or even Apple. I bet people would start imaging how Firma were to deteriorate under their corporate governance.

Ideally an acquired company is just left as is, and used as a cash cow, resulting just in the products becoming a bit more expensive for large customers.