European Commission
Commission opens in-depth investigation into the proposed acquisition of Figma by Adobe
The European Commission has opened an in-depth investigation to assess, under the EU Merger Regulation, the proposed acquisition of Figma by Adobe. The Commission is concerned that the transaction may reduce competition in the global markets for the supply of interactive product design software and for digital asset creation tools.
Furthermore, the Commission will further investigatewhether the transaction may foreclose rival providers of interactive product design tools by bundling Figma with Adobe's Creative Cloud suite.
The Commission will now carry out an in-depth investigation into the effects of the proposed transaction to determine whether its initial competition concerns are confirmed. The opening of an in-depth inquiry does not prejudge the outcome of the investigation.
Executive Vice President Margrethe Vestager, in charge of competition policy, said: "Adobe and Figma are two leading providers of software for the creative community in the digital sphere. Many users and businesses rely on their digital design tools to excel in their work. With our in-depth investigation we aim to ensure that users continue to have access to a wide pool of digital creative tools among which to choose."
A press release is available online.
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