When Adobe first announced its plans to acquire Figma for about $20 billion in September 2022 ... Regulators, meanwhile, ...

The main Department of Justice building, across from the National Archives in Washington, was the kind of brooding edifice ...

But what about the rest of us? What should we think about the potential issues here? Let’s be clear about a few things: Adobe is not buying Figma to increase competition in its market; instead ...

Adobe's $20 billion bid for cloud-based designer platform Figma could reduce competition in global markets for interactive product design tools and also shut out rivals, EU antitrust regulators ...

Adobe is no longer acquiring rival Figma, the companies said Monday. Adobe had been set to acquire the design software company for around $20 billion. The termination comes amid heavy scrutiny ...

Nov. 28 (UPI) --The British Competition and Markets Authority on Tuesday said the proposed purchase of design software company Figma by Adobe would harm competition. The watchdog said the deal ...

Adobe just abandoned its $20 billion deal to buy Figma, and now we know why. In an interview on the Decoder podcast with The Verge editor-in-chief Nilay Patel, Adobe general counsel Dana Rao said ...

Buying the competition means Adobe will have no fear raising its monthly subscription fees. Adobe will definitely remove that free-but-limited Figma plans. They will get replaced by a free 7-day ...

Adobe is, unsurprisingly, standing its ground after the UK’s competition watchdog slammed the brakes on its $20 billion plan to purchase the cloud-based product design platform Figma. Last month ...

Adobe will abandon its $20 billion takeover of the design software maker Figma, the two companies said on Monday, bowing to growing regulatory opposition to the deal on both sides of the Atlantic.

For Adobe, it will have to pay a $1 billion breakup fee to Figma. (Adobe’s investors weren’t put off: The company’s shares closed 2.5 percent higher on Monday.) ...