Adobe’s $20 Billion Figma Deal Risks Veto From UK Watchdog (3)

Adobe Inc.’s planned $20 billion purchase of design software maker Figma Inc. risks being blocked by Britain’s competition watchdog unless it offers up remedies to solve competition issues.

The Competition and Markets Authority said its early view is that the deal could eliminate competition in product design software, reduce development of new products, and remove Figma as a competitor, according to a statement Tuesday. The decision falls in line with the European Union regulator, which sent a list of objections to Adobe earlier this month. Shares in California-based Adobe were little changed.

The investigation sets the table for a ...