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Adobe's $20B Figma Deal: UK Competition Watchdog Launches In-Depth Investigation

The Competition and Markets Authority (CMA), the U.K.'s competition watchdog, has launched a detailed investigation into Adobe Inc's (NASDAQ: ADBE) $20 billion acquisition of Figma, a cloud-based design platform after Adobe declined to propose any solutions to allay the regulator's concerns. The deal, one of the largest takeovers of a private software maker, has a targeted completion in 2023. The CMA had previously voiced worries last month that the merger could reduce choices for digital apps, ....

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adobe figma: Adobe's $20 billion deal to acquire Figma under threat from EU regulators

EU authorities plan to push forward with a detailed investigation, over anti-competition concerns, which could take many months and may ultimately derail the deal altogether, FT said, citing people with knowledge of the move. ....

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