FTC Order Restores Competition in Market for Software Used in Automotive Recycling

The Federal Trade Commission will require Solera Holdings, Inc., a leading provider of specialized software to the automotive recycling industry, to divest assets to resolve FTC charges that Solera’s 2012 purchase of rival Actual Systems of America, Inc. was anticompetitive. Solera will sell the U.S. and Canadian yard management systems (YMS) software business that it […]