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BRUSSELS (Reuters) -Adobe's $20 billion bid for cloud-based designer platform Figma could reduce competition in global markets for interactive product design tools and also shut out rivals, EU ...
Photo courtesy Adobe Nov. 28 (UPI) -- The British Competition and Markets Authority on Tuesday said the proposed purchase of design software company Figma by Adobe would harm competition.
Adobe is, unsurprisingly, standing its ground after the UK’s competition watchdog slammed the brakes on its $20 billion plan to purchase the cloud-based product design platform Figma. Last month ...
Let’s be clear about a few things: Adobe is not buying Figma to increase competition in its market; instead, it’s buying something that could compete with it to prevent just that.
Adobe is no longer acquiring rival Figma, the companies said Monday. Adobe had been set to acquire the design software company for around $20 billion. The termination comes amid heavy scrutiny ...
Figma’s C.E.O. Laments Demise of $20 Billion Deal With Adobe Dylan Field believed that selling his software company to a bigger rival would be good for competition and consumers.
May 3 (Reuters) - Britain's competition watchdog said on Wednesday it was looking into Adobe Inc's (ADBE.O) $20 billion buyout deal for cloud-based designer platform Figma to find if it could ...
The proposed Adobe-Figma deal has certainly gotten the attention of regulators — and not in a welcoming way. Already, the Justice Department, the Competition and Markets Authority (CMA ...
Adobe has called off its plans to acquire rival Figma for $20 billion By Grace Dean Kimberly White/Getty Images for TechCrunch Dec 18, 2023, 5:41 AM PT ...
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