UK competition watchdog threatens deeper probe of Adobe's $20B Figma deal

Adobe's aim to complete its $20 billion purchase of web-first collaboration design startup Figma by the end of the year is less certain after Britain's competition regulator referred the deal for a deeper probe on concerns it'll reduce innovation. Word of the eye-wateringly expensive buy first came in September last year and …

[Zippy´s Sausage Factory]

They should absoolutely block the deal. This isn't about "providing synergies" or whatever corporate speak they want to sugar coat it with; like a lot of Adobe's acquisitions over the years, this is about killing off a competitor, plain and simple.