UK regulators have concerns about Adobe’s Figma acquisition

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UK regulators have serious doubts about Adobe’s Figma acquisition

Both companies have until July 7th to address the CMA’s concerns or risk facing a deeper investigation that could block the merger.a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews.The CMA isn’t convinced that Adobe doesn’t compete against Figma in a meaningful way.

“We’re worried this deal could stifle innovation and lead to higher costs for companies that rely on Figma and Adobe’s digital tools — as they cease to compete to provide customers with new and better products,” said Sorcha O’Carroll, senior mergers director at the CMA. “Unless Adobe can put forward viable solutions to our concerns in the coming days, we will move to a more in-depth investigation.

, both parties of the merger argued that Adobe isn’t a significant competitor to Figma in the all-in-one product design software market. The CMA acknowledged within its findings that Adobe had “significantly reduced investment” into the company’s own dedicated product design application,

 

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