Managers and lawyers of UK accounting software giant Sage are today (Wednesday) sensationally lobbying European Union Competition Authorities in an attempt to prevent Microsoft's near £1bn acquisition of Navision.
A delegation from the Newcastle-based company, which includes Paul Stobart, chief operating officer, is reporting in Brussels, after yesterday flying to the Danish Competition Authorities, to challenge the deal in Denmark.
It is believed the acquisition of Navision in the UK is also an issue for Sage.
A spokeswoman for Sage said: ‘We have brought the matter to the attention of the Danish Authorities, believing they should have a look into the situation. We believe they should look at the anti-competitive consequences in the Danish market for SMEs.’
Sage is arguing that Microsoft will bundle Navision software into its larger suite of software and sell the product at a big discount – killing the competition.
Navision has 57% of the market in Denmark for business software.
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