Republic of Korea: FTC investigation into proposed acquisition of Figma by Adobe
Progress
Current status
under deliberation
11 Oct 2023 under deliberation
Scope
Implementers
Republic of Korea
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
software provider: other software
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Opened FTC investigation into proposed acquisition of Figma by Adobe
On 11 October 2023, the Korean Fair Trade Commission (FTC) opened an investigation into the proposed acquisition of Figma by Adobe. The FTC aims to determine whether the acquisition would negatively impact competition in the sector and innovation in…
SourceEvent type
investigation
Action type
announcement
Government branch
executive
Government body
competition authority