The UK's Competition and Markets Authority (CMA) has provisionally found that Adobe's $20 billion acquisition of Figma could harm competition, choice, and innovation in the digital design software sector. The deal is likely to result in a 'substantial lessening of competition' according to the CMA. European competition regulators have also expressed concerns about the potential reduction of competition in the global market for interactive product design software. Adobe is rushing to address these concerns and may propose not tying Figma into Creative Cloud and divesting Adobe XD.
Adobe's Buy of Figma Is 'Likely' Bad For Developers, Rules UK Regulator https://t.co/tPUV47aJ6F
Adobe's Buy of Figma Is 'Likely' Bad For Developers, Rules UK Regulator https://t.co/WtEJn8FZs9
The European Commission two weeks ago warned that the deal may reduce competition in the global market for the supply of interactive product design software where market leader Figma competes with Adobe. #Adobe #Figma https://t.co/2NNMZsZxym
Sources: Adobe's proposal to address EU and UK concerns about its $20B Figma deal may include not tying Figma into Creative Cloud and a divestment of Adobe XD (Bloomberg) https://t.co/4HK0iKrT6h 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/w6PaRr1rbC
Adobe officials are rushing to finish a proposal to address concerns from European competition regulators who are threatening to block the company’s record $20 billion acquisition of Figma https://t.co/f7QGmiUNZT
Adobe officials are rushing to finish a proposal to address concerns from European competition regulators who are threatening to block the company’s record $20 billion acquisition of Figma https://t.co/yhLweWQYr6
Adobe to defend Figma deal at Dec. 8 EU hearing, sources say https://t.co/2nQsQ6m3j3 https://t.co/cNwTlswZbw
According to the UK’s Competition and Markets Authority (CMA), Adobe's acquisition of Sigma would "harm innovation for software used by the vast majority of UK digital designers." https://t.co/JR71NHoo24
Adobe's buy of Figma is 'likely' bad for developers, rules UK regulator https://t.co/e7Mq72aRSg
UK says Adobe's $20B deal for Figma would hurt graphic design market https://t.co/heSqkQeGia
UK watchdog slams the brakes on Adobe’s $20 billion bid for Figma https://t.co/ksHNdR6iZx
The Competition and Markets Authority (CMA), the UK regulatory watchdog responsible for ensuring markets remain competitive and fair, has found that Adobe’s plan to purchase Figma could potentially harm the digital design sector. https://t.co/XsNyIrCyB8
UK’s CMA watchdog concludes Adobe-Figma deal could harm market https://t.co/XsNyIrC0LA
Adobe and Figma deal will ‘harm’ digital design sector, UK report suggests https://t.co/zWxgsYZAlp https://t.co/Tfrl2Eiive
UK regulator says Adobe's $20 bln Figma deal could harm sector https://t.co/WOOsKouB4v https://t.co/wZgM4UHe1K
A UK Watchdog has blocked Adobe's acquisition of Figma, saying it would likely harm innovation for software used by the vast majority of UK digital designers. https://t.co/7rsg54yVj3
Following its phase two investigation, the Competition and Markets Authority (@CMAgovUK) has provisionally found that Adobe’s deal to buy Figma would likely harm choice and innovation in digital design software. https://t.co/i5N8eXkj1u #Tech | #News | #Design | #Adobe | #Figma
UK regulators say Adobe's $20 billion Figma acquisition could harm competition https://t.co/qteTmhE3Hz
UK regulators say Adobe's $20 billion Figma acquisition could harm competition https://t.co/nlKwg9zDVK
UK watchdog slams the brakes on Adobe’s $20 billion bid for Figma https://t.co/foVAUQuMqC
Adobe’s Purchase of Figma Could ‘Harm Innovation for Software,’ Says U.K. Regulator https://t.co/qwSi2onIlY
$ADBE (-0.8% pre) Adobe, Figma deal likely to result in 'substantial lessening of competition' - SA https://t.co/QeZEExTgND