British watchdog says Adobe-Figma merger could harm competition
11 Articles
11 Articles
Adobe and Figma deal will ‘harm’ digital design sector, UK report suggests
The UK’s Competition and Markets Authority began a detailed investigation into the planned $20b Abode and Figma merger earlier this year. It found that the deal would harm the digital design sector and eliminate competition.
UK watchdog slams the brakes on Adobe’s $20 billion bid for Figma
Adobe and Figma have until December 19th to respond with potential remedies. | Illustration by Kristen Radtke / The Verge Adobe’s conquest of the creative software industry appears to be facing some difficulties following an in-depth investigation by the UK’s competition watchdog. The Competition and Markets Authority (CMA) has provisionally determined that Adobe’s proposed $20 billion bid for the cloud-based product design platform Figma would…
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