UK regulators have concerns about Adobe’s Figma acquisition

  • 📰 verge
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 67%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

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,

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 94. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

UK regulator plans probe into Adobe’s $20 billion Figma acquisition | EngadgetThe UK’s Competition and Markets Authority (CMA) plans to perform an in-depth probe into Adobe’s acquisition of Figma, the agency announced today (via The Wall Street Journal).
Bron: engadget - 🏆 276. / 63 Lees verder »

U.K. regulator says Adobe’s $20 billion acquisition of Figma could reduce innovationAdobe’s $20 billion planned purchase of Figma could reduce innovation, the U.K. Competition and Markets Authority said Friday. The regulator said that Figma...
Bron: MarketWatch - 🏆 3. / 97 Lees verder »

UK regulator plans probe into Adobe’s $20 billion Figma acquisition | EngadgetThe UK’s Competition and Markets Authority (CMA) plans to perform an in-depth probe into Adobe’s acquisition of Figma, the agency announced today (via The Wall Street Journal).
Bron: engadget - 🏆 276. / 63 Lees verder »

U.K. regulator says Adobe’s $20 billion acquisition of Figma could reduce innovationAdobe’s $20 billion planned purchase of Figma could reduce innovation, the U.K. Competition and Markets Authority said Friday. The regulator said that Figma...
Bron: MarketWatch - 🏆 3. / 97 Lees verder »