EU reopens probe into Adobes $20 billion acquisition of Figma
Summary
The European Union (EU) has resumed its probe into Adobe’s $20 billion acquisition of Figma, a cloud-based designer platform, after pausing it in September to wait for requested information from the companies. The regulator has received a response and will analyze whether the deal “will weaken competition in the interactive design software market” within the next three months. The Commission is also probing whether bundling Figma with Adobe’s Creative Cloud suite has the potential to foreclose rival software providers. Based on the information provided by those countries, the Commission concluded that the deal threatened to “significantly affect competition in the market for interactive product design and whiteboarding software”. Adobe insists that it wants Figma to operate autonomously and has no meaningful plans to compete in the product design space.
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