ACCC will not oppose Cabcharge’s acquisition of MTI
The ACCC will not oppose the proposed $6.6 million acquisition by Cabcharge Australia Limited (ASX:CAB) of Mobile Technologies International Pty Ltd (MTI).
MTI is the most widely used provider of taxi dispatch systems to taxi networks in Australia.
The ACCC found that it was unlikely that the acquisition would result in Cabcharge supplying inferior dispatch systems or withholding technology features from rival networks.