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On 25 October the ACCC accepted a section 87B undertaking from Healthscope Limited (Healthscope) that replaced Healthscope's initial undertaking given to the ACCC on 15 August 2007.
The replacement undertaking was given to the ACCC because Healthscope revised its proposal to acquire Symbion Health Limited’s (Symbion’s) pathology, diagnostic imaging and medical centres businesses (revised proposal).
The implementation of the revised proposal essentially replicates the outcome of Healthscope's original proposal to acquire Symbion's pathology, medical centre and imaging businesses through an alternative structure.
On 25 October the ACCC accepted a section 87B undertaking from Symbion Health Limited (Symbion) in relation to Healthscope Limited's (Healthscope's) revised proposal to acquire Symbion's pathology, diagnostic imaging and medical centres businesses (revised proposal).
The undertaking ensures that Healthscope’s ability to comply with its section 87B undertaking given to the ACCC on 25 October 2007 (the Healthscope undertaking) is not affected by the new transaction structure.
The primary purpose of Symbion's undertaking is to ensure that Symbion, during any period in which it may control or otherwise be in a position to influence the affairs of Healthscope, will not in any way hinder or prevent Healthscope’s compliance with the Healthscope undertaking.
Cinnamon Bear is a garment importer and distributor, supplying retailers throughout Australia.
Recently, Cinnamon Bear supplied a number of Babylicious baby sleeping bags in Australia that had a fire hazard warning label attached that did not comply with the relevant mandatory product safety standard for children's nightwear AS/NZA 1249:2003.
Cinnamon Bear has provided court enforceable Undertakings to the ACCC that it:
would not in future supply or offer for supply any children's nightwear that does not fully comply with the prescribed consumer safety standard;
will ensure that the correct warning labels as per the Standard are printed and attached to any non-compliant baby sleeping bags in the possession of Cinnamon Bear; and
will ensure that it will make the appropriate fire hazard labels available to any consumers who wish to have their baby sleeping bags relabelled.
Cinnamon Bear will also publish a corrective notice, and establish a trade practices compliance program.