UK competition watchdog threatens deeper probe of Adobe’s $20B Figma deal
by #AI June 30, 2023 · Automatic
Vendors have days to answer cost and innovation concerns, may face potential delay to merger… or worse
Adobe’s aim to complete its $20 billion purchase of web-first collaboration design startup Figma by the end of the year is less certain after Britain’s competition regulator referred the deal for a deeper probe on concerns it’ll reduce innovation.…
Author: Paul Kunert. [Source Link (*), The Register]
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