Adobe’s acquisition of Figma for $20 billion is turning heads in the EU.

The European Commission and UK Competition and Markets Authority are both looking into Adobe’s proposed acquisition of design competitor Figma, raising concerns about potential competition reduction in the interactive design software and digital asset creation tools market. The decision is expected by December 14th, with a focus on maintaining a diverse range of digital creative tools for users, as stated by European Commissioner for Competition Margrethe Vestager.

A Promising Opportunity for Product Design and Creativity

If approved, this deal would be Adobe’s largest-ever purchase, integrating Creative Cloud suite features into Figma while preserving its independence and pricing structure. Adobe highlights the benefits for customers in terms of accessibility, efficiency, and new creative possibilities through the collaboration. The merger between Adobe and Figma is viewed as a promising opportunity to enhance product design and creativity on the web, with both companies stressing the positive impact on customers and the economy.