This has been influenced by the UK Competition and Markets Authority (CMA), which has launched an investigation into the threat to competition. The regulator views the merger of the two companies as potential risks to healthy competition and product development. The CMA also believes that Figma is primarily aimed at small businesses and casual users, so Adobe’s logic is to take that market share for itself.
At the same time, neither Adobe nor Figma agree with the regulator’s conclusion and will seek to overturn the CMA’s decision, which initiated the withdrawal package request, which includes either blocking the merger or acquiring design practice Figma Design. .
Adobe CEO and Chairman Shanthana Narayena commented on the CMA’s statement. According to him, despite all the disagreements of the companies regarding the department’s decision, the management of both developers believes that they have “a common interest to move forward independently.”
Adobe lawyers are preparing retaliatory steps and will seek to provide the CMA with comprehensive evidence that the merger with Figma will not harm European competition.
Source: Ferra
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