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The ACCC has accepted a section 87B undertaking from Telstra Corporation Limited and NBN Co Limited (the parties) in relation to proposed variations pursuant to the substantial adverse events clause in the commercial arrangements between the parties (the Definitive Agreements).
The ACCC has accepted a section 87B Undertaking from Edwards Essences Pty Ltd ACN 137 624 241 in respect of resale price maintenance conduct contravening section 48 of the Competition and Consumer Act 2010.
In response to an ACCC investigation, Edwards acknowledged that it had made known to a distributor that it should not sell goods supplied to it by Edwards at a price less than the recommended retail price specified by Edwards.