EU probe into Adobe, Figma deal paused, regulators await data
European Union antitrust regulators' investigation into Photoshop maker Adobe's $20 billion bid for cloud-based designer platform Figma has been put on hold while they wait for requested information from the companies.
The European Commission said it stopped the clock effective Sept. 19 and will set a new deadline once the companies provide the data.
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The previous deadline was Jan. 8.
The Commission has previously voiced concerns that the deal may remove an important rival to Adobe and allow it to restrict competition in global markets for the supply of interactive product design tools.
