The $20 billion acquisition of Figma by Adobe was terminated due to antitrust concerns and regulatory challenges in Europe. The European Commission and the UK Competition and Markets Authority raised concerns that the acquisition could significantly reduce competition in the global markets for interactive vector editing and product design software. The termination came after mounting pressure from regulators, with the European Commission issuing a formal antitrust complaint, expressing apprehensions that the deal might significantly reduce competition in the mentioned markets. The decision to terminate the acquisition was made as the companies saw "no clear path" to regulatory approval, and no remedies were provided to address the antitrust concerns raised. Adobe and Figma Terminate $20 Billion Deal After Regulator Clash