Adobe Inc.’s $20 billion takeover of design software company Figma Inc. faces a merger review by European Union officials as global regulators continue to scrutinize record-breaking deals in the digital economy.
The European Commission said in a website filing that it set a provisional deadline of Aug. 7 to decide whether to open an in-depth probe into the acquisition or to clear it. The Commission’s website, updated on Monday, said that the deal - Adobe’s largest ever - was notified on June 30.
