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Key FactsEU investigates competition violation in Adobe's Figma deal
Aug 7, 2023 · Reading time: ~20 sec.
Summary created with AI assistance · Source: reuters.com
  • EU antitrust regulators are investigating Adobe's $20 billion bid for cloud-based designer platform Figma for potential competition restrictions.

  • The deal could reduce competition in global markets for interactive product design tools and exclude rivals.

  • The investigation aims to ensure that users continue to have access to a wide pool of digital creative tools.