Adobe drops $20bn takeover of Figma after EU and UK regulator concerns
Briefly

The UK's Competition and Markets Authority said last month that the deal would threaten competition in the product design, image editing and illustration markets.
Requiring a multi-billion dollar global divestment of Photoshop or Illustrator in order to address an uncertain and speculative theory of harm is wholly disproportionate, the two companies said in their response.
Read at www.theguardian.com
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