Will the UK competition watchdog deny Figma’s acquisition by Adobe?
Market Rules
This market aims to predict if the United Kingdom’s Competition and Markets Authority (CMA) will entirely prohibit the acquisition of Figma by Adobe. At the moment this market was opened, the deadline for the decision was set to February 25th, 2024. Official announcements and reports from reliable news outlets will be taken into consideration to resolve this market.
The acquisition of design project company Figma by international tech company Adobe in a 20-billion-dollar deal has been blocked and put under analysis by the United Kingdom’s Competition and Markets Authority. This regulator considers that the acquisition may harm the market of product design software and shall decide by February 25th, 2024, if the deal can be closed or prohibited.