31 results, showing 21 to 31
In November 2004 Fonterra lodged a submission in support of its request for an informal clearance by the ACCC of its takeover offer of National Foods Limited.
The ACCC identified a number of competition concerns associated with the proposal.
Fonterra proffered an undertaking that certain arrangements are entered into with an Approved purchaser.
Those arrangements include:
the sale of the “Brownes” brand;
the sale of elements of the distribution system in Western Australia as is required by the Approved Purchaser to service the sale of “Brownes” milk products;
providing for toll manufacturing or the sale of either the Balcatta or Bentley processing plant in Western Australia;
using its best endeavours to transfer a private label contract with a Major Supermarket to the Approved Purchaser; and
using its best endeavours to transfer a number of existing raw milk contracts with Western Australian dairy farmers to the Approved Purchaser.
Floline International Pty Ltd has provided a section 87B undertaking to the ACCC in respect of the supply of bunk beds that the ACCC considered did not comply with the mandatory safety standard (the Australian/New Zealand Bunk Bed Standard AS/NZ 4220:1994).
The company has undertaken to:
rectify the bunk beds sold, the bunk beds it has in stock and all bunk beds to be sold in the future, to ensure compliance with the mandatory Standard;
write to all the current owners of the bunk beds notifying them of the ACCC's concerns and Floline's intention to modify the bunk beds to achieve compliance with the Standard;
provide the ACCC with a progress report detailing the stage to which it has progressed the rectifications;
provide the ACCC with a final report detailing the completion of all the rectifications;
implement a corporate trade practices compliance program; and
only supply bunk beds that comply with the requirements of the mandatory Standard.