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.

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