Adobe/Figma deal could harm UK digital design sector

News Competition English Sanctions & Fines

Date: 28th Nov, 2023 Source: Competition and Markets Authority Country: United Kingdom Original Source

Brief

The Competition and Markets Authority (CMA) provisionally finds that the $20bn deal would: eliminate competition between two main competitors in product design software reduce innovation and the development of new competitive products remove Figma as a threat to Adobe’s flagship Photoshop and Illustrator products Figma is currently the world’s leading provider of product design software

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Adobe/Figma deal could harm UK digital design sector

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Adobe/Figma deal could harm UK digital design sector

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