In the UK, the UK’s Competition and Markets Authority (CMA) has completed an investigation into the $20 billion merger between Adobe and Figma. The organization’s preliminary findings suggest that the merger will reduce competition in the design sector.

It is noted that the agreement will “reduce innovation” and the development of competing products. Also, the merger will “eliminate Figma as a threat” with respect to Adobe’s flagship software suites such as Photoshop and Illustrator.

Figma is a giant player in the UK design space, accounting for 80% of the market. Without the merger, according to the CMA, Figma would have continued to develop or expand products that challenge Adobe. However, with the disappearance of competition, Adobe’s development may stop.

If the UK does approve this deal, the purchase of Figma will be the largest in Adobe’s history in its 41 years of existence.

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