UK launches in-depth investigation into Adobe's $20 billion Figma purchase

Adobe is now facing tighter scrutiny of its $20 billion Figma acquisition . The UK's Competition and Markets Authority (CMA) has launched an in-depth investigation of the deal after Adobe declined to make concessions that would resolve antitrust concerns. The phase 2 probe will have a group of independent experts determine whether or not the merger will reduce competition in design software. The CMA has until December 27th to complete