TECH - Adobe's $20B Figma Deal Faces UK Regulatory Hurdle | Benzinga
The U.K. Competition and Markets Authority (CMA) has provisionally concluded that Adobe Inc's (NASDAQ: ADBE) proposed $20 billion acquisition of Figma could harm innovation in software used by U.K. digital designers.
Also Read: EU's Antitrust Warning Looms Over Adobe's $20B Figma Takeover Bid: Report
The CMA's detailed Phase 2 investigation suggests the deal might reduce competition in product-design software, stifle ...