SS&C Wins Antitrust Lawsuit Over Accounting Software License

SS&C Technologies Holdings Inc. didn’t violate antitrust laws by acquiring the top hedge fund management software and cutting off access to rival SEI Global Services Inc. over a license fee dispute, a federal judge in Philadelphia ruled.

“SEI attempts to shoehorn an alleged breach of a contractual duty to supply software into a full-blown antitrust matter,” Judge Chad F. Kenney wrote. “Not every business tort or breach of contract that has an adverse impact on a competitor can form the basis of an antitrust claim.”

The lawsuit, filed in the U.S. District Court for the Eastern District of Pennsylvania, was ...