Adobe Faces EU Antitrust Warning Over Its $20 Billion Bid for Figma

Adobe’s $20 billion bid for cloud-based designer platform Figma is set to face an EU antitrust warning in the coming days, three people familiar with the matter said, a move that would ratchet up pressure on the Photoshop maker to offer remedies.

Tech deals around the world have recently attracted tougher antitrust regulatory scrutiny amid fears that some bigger companies may be acquiring rival start-ups to shut them down or boost their market power.

The European Commission is readying a statement of objections to send to the companies in the coming days, the people said.

Read the source article at Market Screener