From https://metaculus.com/questions/16525/adobe-acquires-figma-by-end-of-2023/
On September 15, 2022, Adobe announced an agreement to purchase Figma for $20 billion USD.
Since then, reports have emerged that the U.S. Justice Department is preparing an antitrust lawsuit to block the deal.
Adobe previously created a product which directly competes with Figma, named Adobe XD. As of April 25, 2023, Adobe no longer lists XD in its product lineup and XD is no longer available for download in the Creative Cloud store.
1,000
3.00https://www.msn.com/en-us/money/other/adobe-s-20-billion-figma-takeover-hit-by-in-depth-eu-probe/ar-AA1eUQ7x
The EU’s in-depth probe, set to run until Dec. 14, will also analyze “whether the transaction may foreclose rival providers” by “bundling Figma with Adobe’s Creative Cloud suite.”