UK watchdog slams the brakes on Adobe's $20 billion bid for Figma
The UK's competition watchdog, the CMA, has provisionally determined that Adobe's proposed acquisition of Figma would harm competition in the design software market.
The CMA stated that the deal would eliminate competition in the software markets for product design, image editing, and illustration.
Possible remedies being considered include prohibiting the merger or requiring Adobe to divest its 'overlapping operations'.
UK watchdog slams the brakes on Adobe's $20 billion bid for Figma
The UK's competition watchdog, the CMA, has provisionally determined that Adobe's proposed acquisition of Figma would harm competition in the design software market.
The CMA stated that the deal would eliminate competition in the software markets for product design, image editing, and illustration.
Possible remedies being considered include prohibiting the merger or requiring Adobe to divest its 'overlapping operations'.
UK watchdog slams the brakes on Adobe's $20 billion bid for Figma
The UK's competition watchdog, the CMA, has provisionally determined that Adobe's proposed acquisition of Figma would harm competition in the design software market.
The CMA stated that the deal would eliminate competition in the software markets for product design, image editing, and illustration.
Possible remedies being considered include prohibiting the merger or requiring Adobe to divest its 'overlapping operations'.
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