Microsoft's Nuance acquisition gets Australian green light
( October 6, 2021, 23:58 GMT | Official Statement) -- MLex Summary: Microsoft's planned $19.7 billion acquisition of Nuance Communications will not be opposed in Australia, the country's competition regulation has said. In a statement today, the Australian Competition & Consumer Commission said that the two companies don't compete in healthcare transcription software as Microsoft doesn't provide the technology and is unlikely to become a strong competitor to Nuance. The ACCC also found that the proposed acquisition was unlikely to substantially lessen competition in the customer engagement solutions market.The full statement from the Australian Competition & Consumer Commission is below; the ACCC's analysis follows. ...
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