Artifact
Sandeep Ozarde
20d
EU regulators issue antitrust complaint against Adobe's $20 billion bid for Figma, citing concerns over reduced competition in global design tool markets. EU officials find that Figma already impacts Adobe's Illustrator and Photoshop tools and has potential to grow as a competitor. Adobe and Figma can respond to objections, but UK and US regulators are also investigating the deal.
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