Adobe’s $20B Deal for Figma Reportedly Faces DOJ Opposition

The US Division of Justice is reportedly getting ready an antitrust lawsuit to dam Adobe’s $20 billion takeover of net design platform Figma.

The Justice Division is anticipated to file its lawsuit as quickly as subsequent month and has already met with representatives from Adobe, as is customary earlier than it recordsdata a lawsuit, Bloomberg reported Thursday, citing nameless sources with data of the matter. The division’s antitrust division is reportedly involved that the merger would scale back choices for skilled designers.

Adobe touted Figma’s extensively used collaborative design instruments when it introduced its effort to acquire the San Francisco-based startup in September. Figma had been the strongest competitor for Adobe’s personal net design instrument, Adobe XD.

Figma lets individuals design the look of apps and web sites and create prototypes that present how customers will transfer via these websites and apps. It has a base degree that is provided at no cost, however companies have to pay for Figma past light-weight use.

Adobe defended the deal, saying the 2 corporations “concentrate on very completely different areas immediately.” Whereas Figma focuses on interactive product design associated to constructing a collaborative net platform, Adobe’s consideration is on the inventive instruments area. The corporate stated it is working with antitrust regulators on closing the deal someday this 12 months.

The Justice Division did not instantly reply to a request for remark.

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