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UK regulator plans probe into Adobe's $20 billion Figma acquisition

The UK’s Competition and Markets Authority (CMA) plans to perform an in-depth probe into Adobe’s acquisition of Figma, the agency announced today (via The Wall Street Journal). Citing concerns about “a substantial lessening of competition” for screen design software, it plans to move into a “phase two” investigation. However, it’s giving the companies five business days to “offer legally binding proposals” to address the concerns; if...
United Kingdom Sorcha Ocarroll Markets Authority Wall Street Journal San Francisco Based Figma Creative Cloud
Source: yahoo.com

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