( March 5, 2020, 02:35 GMT | Official Statement) -- MLex Summary: Juice Technologies, which operates in New Zealand through its wholly owned subsidiary Infocare Systems, can proceed with its plan to acquire fellow technology company APT Business Solutions, trading as APT Childcare, with the country’s competition regulator announcing today it wouldn’t oppose the deal. In a statement, the New Zealand Commerce Commission said it has assessed the deal’s impact in the national market for the supply of student-management system software to providers of childcare for preschool children. “We are satisfied that the presence of competitive alternative suppliers in the relevant market ... together with the potential for new entry, will likely constrain the ability of Infocare to raise prices or reduce service quality,” Commerce Commission Deputy Chair Sue Begg said.The full statement by the New Zealand Commerce Commission follows: ...
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