On 4 May 2023, the public consultation opened on the Competition and Markets Authority's decision to open an investigation into proposed acquisition of Figma by Adobe until 18 May 2023. The CMA aims to determine whether the acquisition would result in a substantial lessening of competition in the product design software market. Figma provides web-based collaborative tools for designing products. Adobe offers software, including product design software such as Adobe XD. The CMA stated that it would decide whether to open a Phase 2 investigation by 30 June 2023.
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