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Adobe cancels $20 bln Figma acquisition

Adobe has recently announced that they are cancelling their $20 billion deal to acquire Figma, the web-based collaborative platform, due to regulatory roadblocks stemming from antitrust approvals in Europe and the UK. ....

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Adobe to defend Figma deal at December 8 EU hearing, sources say

The European Commission two weeks ago warned that the deal may reduce competition in the global market for the supply of interactive product design software where market leader Figma competes with Adobe. ....

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