Adobe’s $20 billion Figma bid is under threat from UK antitrust regulators
The CMA is launching an in-depth probe into the merger amid concerns the deal will cause a ‘substantial lessening of competition.’a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews.The investigation has been referred to the next phase, where the merger will be assessed by an independent panel.
Adobe’s $20 billion bid for cloud-based design platform Figma will now be subject to an in-depth probe by the UK’s competition watchdog, which will decide whether to approve the merger or block the deal entirely.
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