U.K. regulator says Adobe’s $20 billion acquisition of Figma could reduce innovation

Adobe’s ADBE $20 billion planned purchase of Figma could reduce innovation, the U.K. Competition and Markets Authority said Friday. The regulator said that Figma has established a substantial share of the market for screen design software and that Adobe has been continuously investing in and competing in this segment.

Adobe’s ADBE $20 billion planned purchase of Figma could reduce innovation, the U.K. Competition and Markets Authority said Friday. The regulator said that Figma has established a substantial share of the market for screen design software and that Adobe has been continuously investing in and competing in this segment.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Planting seeds of peace: Will Columbus' $20 million youth investment cultivate safer streets?Nearly two dozen youngsters are spending their summer in a community garden, learning how to grow vegetables and make salsa.
Read more »