Adobe's $20 Billion Figma Bid Sparks EU Pricing Power Query.

EUROPEAN Union; ADOBE Systems Inc.; PRICES; STOCK prices; ARTIFICIAL intelligence; BIDS

(Bloomberg) -- Adobe Inc.'s rivals and customers are being quizzed by European Union watchdogs on whether the US software firm could upend fair competition in the interactive product design market after its proposed $20 billion buyout of Figma Inc. More broadly, EU regulators examining Adobe's record buyout also want to know whether the use of artificial intelligence and machine learning technology in product design tools could cause competitive risks in the future. [Extracted from the article]

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