Objective Corporation Limited; Master Business Systems Limited
After a Commission investigation, the High Court ordered Objective Corporation Limited (Objective) to pay a $1.54 million penalty for its acquisition of Master Business Systems Limited (MBS). Objective admitted that its acquisition of MBS substantially lessened competition for the supply of software for building consent authorities to assist in and digitise the building consent process, in breach of section 47 of the Commerce Act 1986.
Case Details
Parties
Objective Corporation Limited; Master Business Systems Limited
Category
Merger investigation
Sub-category
Act/Section
Commerce Act 1986 47
Industry
Other
Status
Closed
Outcome
Judgment
Case Number
Date opened
19 May 2020
Date closed
29 July 2022
Contact person
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