Adobe’s $20 Billion Acquisition of Figma Reportedly on EU Antitrust Body Radar

[ad_1] European antitrust regulators are preparing to launch a formal investigation into software giant Adobe’s $20 billion (roughly Rs. 1,64,200 crore) buyout deal for cloud-based designer platform Figma later this year, the Financial Times reported on Tuesday. EU authorities plan to push forward with a detailed investigation, over anti-competition concerns, which could take many months and may … Read more