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Australian review of Compass Education's move on School Bytes is discontinued

( December 17, 2024, 07:33 GMT | Official Statement) -- MLex Summary: Compass Education’s plan to acquire Australian-based school-administration software company School Bytes is facing an uncertain future after the country’s competition watchdog said it was walking away from its review of the deal, complaining that the merging parties hadn’t cooperated with the probe. In a highly unusual statement, the Australian Competition & Consumer Commission said it had discontinued its review, adding that it was “critical that parties engage with the ACCC in good faith including to present information accurately and completely.”The full statement from the ACCC follows: ...

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