Section 87B undertakings

A.B.C. Learning Centres Limited

s. 50. Prohibition of acquisitions that would result in a substantial lessening of competition

On 8 September 2006 the ACCC accepted an undertaking from A.B.C. Learning Centres Limited in connection with its proposed acquisition of Hutchison's Child Care Services Ltd.

A.B.C. Learning has undertaken to divest seven long-day childcare centres in five regional areas, mainly in Queensland. The undertaking aims to overcome the ACCC's concerns that the proposed acquisition is likely to substantially lessen competition in separate markets for the supply of long-day child care services in certain regional areas.

See related ACCC media release of 8 September 2006: ACCC concerns about ABC acquisition of Hutchison's addressed by child care centre divestitures

See related court enforceable undertaking: A.B.C. Learning Centres Limited

Linde AG & Linde Gas Pty Limited

s. 50. Prohibition of acquisitions that would result in a substantial lessening of competition

On 5 September 2006 the ACCC accepted an undertaking from Linde AG & Linde Gas Pty Limited.

Linde AG and Linde Gas Pty Ltd have provided a court enforceable undertaking to divest the business of Linde Gas in Australia in order to allay the ACCC's competition concerns about the impact of the international merger on Australian markets.

See related ACCC media release of 6 September 2006: ACCC accepts gas company divestiture in international Linde AG / BOC Group Plc industrial gas merger

See related court enforceable undertaking: Linde AG

Toll Holdings Ltd

s. 50. Prohibition of acquisitions that would result in a substantial lessening of competition

On 11 September 2006 the ACCC accepted a second variation to the undertaking given by Toll Holdings Ltd to the ACCC on 11 March 2006.

See related court enforceable undertaking: Toll Holdings Ltd—variation