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OneSteel Limited (OneSteel) requested informal clearance from the ACCC for its proposed acquisition of Smorgon Steel Group Limited (Smorgon).
Following ongoing concerns by the ACCC regarding the performance of Auspoly's polyester insulation batts, the ACCC has accepted a variation to Auspoly's original section 87B undertaking in order to address those concerns.
In addition to Auspoly implementing a new and automated production system, the key elements of the variation offered by Auspoly and accepted by the ACCC provide for:
a consumer redress program for consumers who purchased the potentially underperforming Auspoly batts; and
the facilitation and publication of an educative article concerning the regulatory environment of insulation products in a prominent industry publication.
Bevco Pty Ltd has used the term “100% Australian Made and Owned” on labels for its Bevco and Macquarie Valley brand juice products. In fact, some of these products contained 99.9% imported reconstituted juice.