UK regulators claim Adobe’s Figma acquisition could ‘stifle innovation’


The UK’s competition watchdog has concluded its initial investigation into Adobe’s $20 billion acquisition of cloud-based product design platform Figma, warning that the merger could cause a “substantial lessening of competition” for UK designers by removing a “significant competitive threat to Adobe” from the market. The Competition and Markets Authority announced on Friday that unless […]

Originally appeared on: TheSpuzz

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