Adobe's $20B Figma acquisition is under investigation by the U.K. Competition and Markets Authority.
The regulator believes the deal could lead to reduced competition.
- The CMA has asked interested parties to comment on how the deal could affect competition in the U.K.'s digital design market.
- Adobe and Figma are both major market players in the design software space, with Adobe holding a strong market position due to its Creative Cloud suite.
- The review is expected to take several months.
- CMA said it had set June 30 as the deadline for its phase 1 decision on the Adobe-Figma deal. The regulatory authority could block the acquisition if it concludes that a possible acquisition would hurt competition in the U.K. market.
- Last week, CMA blocked Microsoft's $69B acquisition of Activision Blizzard over concerns it would hinder cloud gaming.
