Adobe’s Figma Takeover Deal Will Require EU Antitrust Approval, Regulators Say

Adobe’s Figma Takeover Deal Will Require EU Antitrust Approval, Regulators Say

Adobe will need to secure European Union antitrust approval for its $20 billion (roughly Rs. 16,55,000 crore) bid for cloud-based designer platform Figma even though the deal falls short of the EU turnover threshold for a review, EU regulators said on Wednesday. The move by the European Commission underlines regulators’…