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Compass Education's move on school software School Bytes attracts Australian public review

( September 25, 2024, 06:04 GMT | Official Statement) -- MLex Summary: Compass Education’s plan to acquire Australian-based school-administration software company School Bytes has attracted a public review by the country’s competition watchdog. In a market-inquiries letter released today, the Australian Competition & Consumer Commission has asked schools and businesses to identify which suppliers they use and to list alternative suppliers in each category of school-administration software. In February, US-based payments company Global Payments announced its decision to acquire School Bytes; however, the deal was abandoned in June, following a preliminary, critical assessment by the regulator.The market-inquiries letter is attached; the full statement from the Australian Competition & Consumer Commission follows: ...

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