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Adobe: Adobe to defend Figma deal at December 8 EU hearing

The European Commission two weeks ago warned that the deal may reduce competition in the global market for the supply of interactive product design software where market leader Figma competes with Adobe. ....

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Childress Capital Advisors LLC Cuts Stock Holdings in Adobe Inc. (NASDAQ:ADBE)

Childress Capital Advisors LLC decreased its position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 40.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 421 shares of the software company’s stock after selling 284 shares during the period. Childress Capital Advisors LLC’s holdings in Adobe were worth $206,000 as of its […] ....

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adobe: UK regulator says Adobe's $20 billion Figma deal could harm sector

The deal would eliminate competition and remove Figma as a threat to Adobe s flagship Photoshop and Illustrator products, according to findings from an in-depth probe that the Competition and Markets Authority (CMA) launched in July, after Adobe refused to offer concessions to ease its concerns. ....

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