Adobe faces EU antitrust warning over Figma deal, sources say

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Tech deals around the world have recently attracted tougher antitrust regulatory scrutiny amid fears that some bigger companies may be acquiring rival start-ups to shut them down or boost their market power...

The European Commission is readying a statement of objections to send to the companies in the coming days, the people said...

San Francisco-based Figma's web-based collaborative platform for designs and brainstorming is used by tech companies such as Zoom Video Communications (ZM.O), Airbnb (ABNB.O) and Coinbase (COIN.O)...

Her knowledge and experience of European antitrust laws and developments helped her broke stories on Microsoft, Google, Amazon, numerous market-moving mergers and antitrust investigations..

She has previously reported on Greek politics and companies, when Greece's entry into the eurozone meant it punched above its weight on the international stage, as well as Dutch corporate giants and the quirks of Dutch society and culture that never fail to charm readers..

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Exclusive: Adobe open to remedy discussions with EU on Figma deal, says chief counsel

15, Nov, 23

Photoshop maker Adobe (ADBE.O) expects to get an EU antitrust warning on its $20 billion bid for cloud-based designer platform Figma and is open to proposing remedies to resolve regulatory concerns, its chief counsel told Reuters on Wednesday.