UK regulator plans probe into Adobe’s $20 billion Figma acquisition | Engadget

). Citing concerns about “a substantial lessening of competition” for screen design software, it plans to move into a “phase two” investigation. However, it’s giving the companies five business days to “offer legally binding proposals” to address the concerns; if their response doesn’t satisfy the CMA, the probe will begin.

Adobe’s purchase of San Francisco-based Figma, founded in 2012, would be the largest-ever acquisition for the 41-year-old design behemoth. In Sigma’s 11 years on the market, it has established itself as a popular tool for vector-based design. The cloud-based software specializes in remote collaboration and is a direct competitor to Adobe’s XD and Illustrator products.

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