UK regulator says Adobe’s $20 billion deal for Figma could ‘reduce innovation’

This post was originally published on this site

https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ5T0BF_L.jpg

The Competition and Markets Authority (CMA) said the deal would be referred to a phase 2 investigation “unless the parties offer acceptable undertakings to address these competition concerns.”

Adobe and Figma did not immediately respond to Reuters’ request for comment.