On August 7, the EU Antitrust Body will announce its decision on the $20 billion Adobe-Figma deal

According to a European Commission filing on Monday, EU antitrust officials will decide by August 7 whether to approve Adobe's $20 billion (approximately Rs. 1,63,900 crore) offer for cloud-based designer platform Figma following a preliminary examination.

Adobe requested EU permission for Photoshop last Friday. Following its first review, the business expects the EU competition enforcer to begin a full-scale probe, according to a request filed a month before the summer vacations.

Earlier this year, the Commission cautioned that the purchase might have a major impact on competition in the market for interactive product design and whiteboarding software.

Figma's web-based collaborative design and brainstorming tool is extremely popular among internet companies such as Zoom Video Communications, Airbnb, and Coinbase.

The UK's competition authority told Adobe a week on Friday to submit solutions to resolve its concerns or risk a more thorough inquiry.

Adobe said in June that it will provide its major corporate clients with financial protection for copyright disputes concerning content created using the tools when they use Firefly, its artificial intelligence tool for creating pictures.

The decision to include compensation comes in the wake of an increase in cases involving picture data used in AI services from firms like Stability AI and Midjourney, which can create visuals from only a few words of text.

Adobe introduced a beta version of Firefly, its own service, earlier this year, claiming that it was built using legally secure picture data.

Adobe said that Firefly will be available to corporate clients as part of Adobe Express, a product designed to assist business users who do not specialise in design in creating pictures and documents.

Adobe said it will offer indemnity for photographs made with the service in an effort to reassure those consumers, though the company did not provide financial or legal specifics about how the programme will function.

"We financially support all of Firefly's content for use either internally or externally by our customers," Ashley Still, senior vice president of digital media at Adobe, told Reuters.