Adobe's $20 Billion Figma Acquisition Faces Regulatory Hurdles

UK's Competition and Markets Authority Provisionally Finds Deal Could Harm Competition in Digital Design Sector

Adobe's proposed $20 billion acquisition of design software firm Figma is facing regulatory scrutiny in the UK, EU, and US over concerns it could harm competition in the digital design sector.
The UK's Competition and Markets Authority (CMA) has provisionally concluded that the deal could eliminate competition, reduce innovation, and remove Figma as a threat to Adobe's flagship products, Photoshop and Illustrator.
The CMA's findings are provisional and it will consult further and consider responses from interested parties before making a final decision.
Adobe and Figma have expressed disappointment with the CMA's findings and maintain that the deal will deliver significant value to customers.
The digital design sector is worth nearly £60 billion to the UK, representing 2.7% of the national economy, and employs more than 850,000 people in highly skilled work.