The US District Court stops a merger between two digital do-it-yourself tax preparation software providers as the proposed acquisition would have likely led to a lessening of competition in the relevant market (H&R Block / TaxAct)

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References

US District Court for the District of Columbia, US / H&R Block, memorandum opinion, decision no. 11-00948 (BAH), 10 November 2011

US DoJ, Justice Department Files Antitrust Lawsuit to Stop H&R Block Inc. from Buying TaxACT, Press release, 23 June 2011

DOJ prevents H&R block acquisition as epic battle with AT&T looms* In what may be one of the more ironic uses of taxpayer-funded litigation, the DOJ scored an important victory by preventing tax-prep software company H&R Block’s acquisition of its competitor - TaxAct. U.S. District Judge Beryl Howell ruled in favor of the government's argument. According to the DOJ the merger had a strong likelihood of

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Paul Goodwin, The US District Court stops a merger between two digital do-it-yourself tax preparation software providers as the proposed acquisition would have likely led to a lessening of competition in the relevant market (H&R Block / TaxAct), 10 November 2011, e-Competitions November 2011, Art. N° 40197

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