Adobe’s $20 Billion Figma Takeover Hit by In-Depth EU Probe

EU fears record buyout could harm market for web-based design
Regulators set Dec. 14 deadline to decide on deal in EU

Figma’s website.
Photographer: Gabby Jones/Bloomberg

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By Samuel Stolton and Stephanie Bodoni

August 7, 2023 at 2:54 PM UTC

Updated on

August 7, 2023 at 4:06 PM UTC

This article is for subscribers only.

Adobe Inc.’s $20 billion takeover of Figma Inc. is set for an in-depth European Union investigation over concerns the deal could harm global competition for software used by designers.

The European Commission warned on Monday the transaction could undermine the supply of tools for interactive product design as well as digital asset creation and that an “important competitive force” could be removed.