The European Union is launching an in-depth antitrust investigation into Adobe’s bid to acquire product design platform Figma, warning that the deal could “reduce competition in the global markets for the supply of interactive product design software and for digital asset creation tools.”
The Commission now has until December 14th to decide on the next steps. These might involve demanding remediations to approve the deal, block the merger from going ahead entirely, or give approval if the EU’s early concerns are shown to be groundless.
In a press release, the European Commission outlined the transaction’s potential impact on the supply of interactive product design tools and digital asset creation tools as its primary concern. The…
