BRIEF-UK's CMA Says May Refer Adobe's $20 Bln Figma Deal To Deeper Probe

Competition and Markets Authority (CMA): * COMPETITION AND MKTS - MERGER UPDATE: ADOBE / FIGMA

* UK'S CMA ON ADOBE/FIGMA DEAL- INITIAL INVESTIGATION FINDS ADOBE'S PURCHASE OF FIGMA COULD REDUCE INNOVATION. * UK'S CMA SAYS FINDS ADOBE'S DEAL TO ACQUIRE FIGMA COULD MEAN LESS CHOICE FOR DESIGNERS OF DIGITAL APPS, WEBSITES AND OTHER PRODUCTS

* UK'S CMA ON ADOBE/FIGMA DEAL - CMA FINDS ADOBE'S DEAL TO ACQUIRE FIGMA COULD MEAN LESS CHOICE FOR DESIGNERS OF DIGITAL APPS, WEBSITES AND OTHER PRODUCTS * UK'S CMA ON ADOBE/FIGMA DEAL- . ADOBE HAS FIVE WORKING DAYS TO SUBMIT PROPOSALS TO ADDRESS CMA'S CONCERNS.

* UK'S CMA ON ADOBE/FIGMA DEAL - OTHERWISE, INVESTIGATION WILL PROCEED TO AN IN-DEPTH PHASE 2 REVIEW * UK'S CMA ON ADOBE/FIGMA DEAL - DESIGN SOFTWARE DEAL COULD HARM UK DIGITAL ECONOMY

* UK'S CMA ON ADOBE/FIGMA DEAL- IDENTIFIED CONCERNS IN SUPPLY OF SCREEN DESIGN SOFTWARE, WHERE ADOBE'S AND FIGMA'S PRODUCTS COMPETE * UK'S CMA: IDENTIFIED CONCERNS IN PROVISION OF CREATIVE DESIGN SOFTWARE, WHERE ADOBE OFFERS SOME OF LEADING TOOLS FOR IMAGE, VIDEO, ANIMATION CONTENT

* UK'S CMA: CONCERNED ADOBE'S PLAN TO ACQUIRE FIGMA REMOVES LEADING PLAYER FROM MARKET, REDUCES BOTH FIRMS' INCENTIVES TO INVEST IN SOFTWARE DEVELOPMENT Source text for Eikon: Further company coverage: