ACCC clears path for MYOB's GreatSoft acquisition
By Kate Weber on Apr 16, 2021 1:08PM After initial fears buyout could hinder competition. The Australian Competition and Consumer Commission (ACCC) won’t oppose MYOB’s acquisition of accounting software GreatSoft, finding it won't weaken market competition. Under the purchase, MYOB plans to combine its desktop practice management software with GreatSoft’s a cloud-based accounting solution. GreatSoft provides a single cloud-based practice management module that integrates with third-party software suppliers for other accounting modules, including...
Source: itnews.com.au