The UK's Competition and Markets Authority (CMA) has released provisional findings on the Adobe and Figma merger, stating that it will eliminate competition, reduce innovation, and remove Figma as a threat to Adobe's software suites.
Figma is a major player in the UK design space, accounting for 80% of the market and a significant part of the country's app development sector.
The investigation concludes that the merger would eliminate competition in multiple fields, impacting sectors that generate $60 billion in annual revenue and employ 850,000 skilled workers. [ more ]