The UK’s Competition and Markets Authority (CMA) has announced its investigation into the proposed acquisition of Figma by Adobe, adding to the controversy surrounding the merger. The independent regulatory body aims to determine whether the merger would result in a significant reduction of competition within any market in the United Kingdom.
Adobe’s unexpected interest in acquiring Figma, a widely popular web development tool, raised concerns among users and the market alike. The announcement of the $20 billion deal sparked astonishment and uncertainty within the collaboration-driven community. While some individuals and stakeholders have shown support, many adopt a wait-and-see approach, anxiously contemplating the implications of the merger.
