Adobe Abandons $20 Billion Figma Merger Amid Regulatory Hurdles

Adobe Abandons $20 Billion Figma Merger Amid Regulatory Hurdles

Adobe was initially like, “Hey, we’re not gonna suggest any fixes for this.” They felt no solution would satisfy the regulators. Fast forward to now, and it’s official – no merger.

The European Commission wasn’t any more chill about it. Last month, they warned Adobe that this deal might mess with the competition for design software globally. They were looking at vector editing tools, like Illustrator, and raster editing tools, like Photoshop.