UK readies in-depth investigation into Adobe’s $20B Figma acquisition

The U.K.’s Competition and Markets Authority (CMA) has provisionally concluded that Adobe’s proposed $20 billion bid for digital design rival Figma could result in a “substantial lessening of competition” in the U.K for designers.
As a result of its initial findings, the CMA is progressing the case to an in-depth “phase 2” investigation, albeit the parties concerned have five days to submit proposals that address the CMA’s concerns.
Multi-front investigation
Today’s announcement comes almost two months after the CMA first revealed it was looking into the mer

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