By Kate Weber on May 20, 2021 11:53AM Each company has a "distinct purpose". The Australian Competition and Consumer Commission (ACCC) won’t oppose Salesforce’s planned US$27.7 billion (A$37.5 billion) acquisition of messaging platform Slack. The commission said the buyout, announced last year, won’t decrease competition given Salesforce and Slack operated in different spaces and with different technolkogy stacks. “Salesforce and Slack mostly supply different software with distinct purposes, so there is minimal direct competitive overlap between them,” ACCC chair Rod Sims said. “We focused on whether Salesforce having both CRM and team collaboration solutions could give rise to a substantial lessening of competition.”