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Adobe’s $20bn deal to buy Figma faces fresh challenge in Brussels

EU preparing to file anti-competitive charges, according to people familiar with probe
The EU is concerned that Adobe’s purchase of Figma represents a ‘killer acquisition’, whereby a large company acquires a smaller competitor to eliminate rivalry

Adobe’s $20bn deal to buy Figma is facing a fresh setback as regulators in Brussels prepare to file anti-competitive charges against the companies, an escalation that signals the EU believes the acquisition will harm rivals in the digital design market.

The charges, which might come as early as this week, will flesh out the EU’s concerns that the merger could lead to less innovation and higher prices, according to two people with direct knowledge of the probe.

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