The Australian Competition Authority clears the merger between two software companies (MYOB / GreatSoft)

MYOB's acquisition of GreatSoft not opposed* The ACCC will not oppose MYOB Invest Co Pty Ltd’s acquisition of GreatSoft Pty Ltd, finding the transaction is not likely to substantially lessen competition. MYOB and GreatSoft both supply practice management software to medium-to-large accounting firms. MYOB offers desktop practice management software, and GreatSoft offers a cloud-based solution. The ACCC’s investigation focused on GreatSoft’s potential to grow into

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Australian Competition Authority, The Australian Competition Authority clears the merger between two software companies (MYOB / GreatSoft), 16 April 2021, e-Competitions March 2021, Art. N° 100220

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