EU Antitrust Regulators Open In-Depth Investigation Into Adobe's Figma Deal; EU Regulators Say Deal May Prevent Figma's Potential Growth As Rival To Adobe; EU Regulators Set Dec 14 Deadline For Its Decision
Portfolio Pulse from Happy Mohamed
EU antitrust regulators have opened an in-depth investigation into Adobe's acquisition of Figma. The regulators believe the deal may hinder Figma's potential growth as a rival to Adobe. A decision is expected by December 14.
August 07, 2023 | 2:32 pm
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Adobe's acquisition of Figma is under scrutiny by EU regulators, which could potentially impact the deal and Adobe's future growth strategy.
The investigation by EU regulators into Adobe's acquisition of Figma could potentially delay or even cancel the deal. This could impact Adobe's growth strategy, which may have been banking on the acquisition to eliminate a potential competitor. As a result, this news could negatively impact Adobe's stock in the short term.
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