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The Australian Competition and Consumer Commission (ACCC) has accepted a court enforceable undertaking from Gumtree AU Pty Ltd (Gumtree). On 14 January 2020, Gumtree lodged an application for merger authorisation pursuant to section 88 of the Competition and Consumer Act 2010 (Cth) in respect of its proposed acquisition of Cox Australia Media Solutions Pty Ltd (Cox).
Gumtree undertakes that it will not complete the acquisition of Cox while the application for merger authorisation is being considered by the ACCC.
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