Adobe's Deal to Buy Figma Faces EU Objections Over Competition Concerns--Update | The Markets Café
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Adobe’s Deal to Buy Figma Faces EU Objections Over Competition Concerns–Update

by Press Room
November 20, 2023
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By Giulia Petroni

The European Union’s competition watchdog issued a statement of objections against Adobe’s proposed $20 billion acquisition of Figma, saying the deal could reduce fair competition in the market of interactive product design and other creative design software.

The European Commission, the EU’s executive body, said late on…

Read the full article here

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