Figma

The UK CMA provisionally finds Adobe's $20B Figma acquisition would likely harm innovation for design software and invites responses ahead of a final decision

The U.K. Competition and Markets Authority said it has provisionally found Adobe's planned $20 billion acquisition …

Sources: EU regulators plan to file anti-competitive charges against Adobe's $20B Figma deal as early as this week; the duo announced the deal in September 2022

Javier Espinoza / Financial Times :

Filing: EU antitrust regulators resume their investigation into Adobe's $20B Figma acquisition, setting a February 5, 2024 deadline for their decision

Foo Yun Chee / Reuters :

The UK CMA opens an in-depth investigation into Adobe's $20B Figma deal after Adobe declined to offer remedies to ease concerns, setting a December 27 deadline

Source: the DOJ is preparing to file an antitrust lawsuit to block Adobe's $20B Figma acquisition as soon as March; Adobe expects to close the deal in 2023

The Justice Department is preparing an antitrust lawsuit seeking to block Adobe Inc.'s $20 billion acquisition of startup Figma Inc., people familiar with the matter said.

Sources: the US DOJ is preparing to open an in-depth probe into Adobe's $20B acquisition of Figma and has been contacting customers, competitors, and investors

Josh Sisco / Politico :

A look at antitrust concerns for Adobe's $20B Figma acquisition, including whether the deal could eliminate competition and harm consumers by reducing choices

Hello, and welcome to Pipeline.  I'm Biz Carson, and I'm devastated after I lost my 149-day Wordle streak to “parer” yesterday.