UK watchdog slams the brakes on Adobe's $20 billion bid for Figma
Briefly

The CMA has provisionally concluded that the deal would eliminate competition in design software markets unless Adobe chooses to divest its 'overlapping operations.'
Figma is considered to be one of Adobe's biggest competitors in the design software market, with the CMA adding that a merger between the companies would 'remove Figma as a threat to Adobe's flagship Photoshop and Illustrator products.'
The CMA says that possible remedies it's considering include either prohibiting the merger entirely or the divestiture of 'overlapping operations' in each market where the deal could cause a substantial lessening of competition (SLC).
Read at The Verge
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