The DOJ is reportedly getting ready to file suit to block the $20 billion Adobe-Figma deal announced last year on the grounds it is anti-competitive. Bloomberg first reported the story yesterday afternoon.
This comes on the heels of the EU announcing plans earlier this month to review the deal on competition concerns. The U.K.’s competition arm is also looking closely at the proposed acquisition.
In a statement, Adobe took exception with the idea that the deal is anti-competitive arguing that the two companies are looking at very different markets – creativity and collaboration.
“Figma is a le
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