467 results, showing 261 to 280
Pacific National Pty Ltd (‘PN’) has undertaken that if, on or after the date that settlement of the acquisition by PN of Freight Australia (‘FA’) occurs, the Somerton Siding is controlled by PN, that PN will use its best endeavours to transfer control of the Somerton Siding to a party independent of PN.
PN has undertaken that:
if, at the date that settlement of its acquisition of FA occurs, the Somerton Siding is controlled by FA under the Primary Infrastructure Lease, then PN will use its best endeavours to cause FA to execute a sub-sub lease of relevant sections of the Somerton Siding, in favour of the Australian Rail Track Corporation Limited (‘ARTC’), on reasonable terms and conditions;
if, at the date that settlement of its acquisition of FA occurs, FA has rights in relation to the Somerton Siding under any easement in favour of FA, then PN will use its best endeavours to execute a licence in favour of ARTC of the rights in the Somerton Siding which are the subject of the easement in favour of FA, on reasonable terms and conditions;
if at the date of the settlement of its acquisition of FA the Somerton Siding is controlled by FA under the Primary Infrastructure Lease, then PN will cause FA to use its best endeavours to grant to ARTC a concurrent lease of its interest in the Austrak Sub-Sub-Lease on reasonable terms and conditions; and
neither it nor FA will hinder or prevent access to the Somerton Siding by a third party rail operator which is seeking access to the Somerton Siding. This excludes reasonable use by PN of the track in the Somerton area as is necessary for the purposes of its business operations.
PN has also undertaken:
to cause FA to continue to supply to Specialised Container Transport (‘SCT’) the services provided for under the SCT Agreement (as varied), in accordance with the terms of the SCT Agreement (as varied); and
to cause FA to negotiate with SCT in good faith if SCT wishes to further extend the term of the SCT Agreement, or amend the terms and conditions of the services provided by FA, or if SCT wishes to amend the services it wishes to acquire under the SCT Agreement
In March 2001 the ACCC received a complaint that existing cinema operators had entered into arrangements or understandings to oppose market entry and/or expansion by other cinema operators.
It was alleged that Greater Union Organisation Ltd (Greater Union) and Village Roadshow Ltd (Village) entered into arrangements or understandings to take joint action to prevent competition in the cinema exhibition market in contravention of the Act.
Following discussions between Greater Union and the ACCC, and without admitting that any of its conduct constituted a contravention of the Act, Greater Union agreed to give undertakings which are intended to reduce the risk of collaboration with other cinema exhibitors to jointly oppose entry into and/or expansion within cinema exhibition markets.
As part of the undertakings, Greater Union has agreed to keep the ACCC informed of significant developments in the industry which may be of interest to the ACCC.
The ACCC has agreed to accept these undertakings as part of the conclusion to its inquiries.
In March 2001 the ACCC received a complaint that existing cinema operators had entered into arrangements or understandings to oppose market entry and/or expansion by other cinema operators.
It was alleged that Greater Union Organisation Ltd (Greater Union) and Village Roadshow Ltd (Village) entered into arrangements or understandings to take joint action to prevent competition in the cinema exhibition market in contravention of the Act.
Following discussions between Village and the ACCC, and without admitting that any of its conduct constituted a contravention of the Act, Village agreed to give undertakings which are intended to reduce the risk of collaboration with other cinema exhibitors to jointly oppose entry into and/or expansion within cinema exhibition markets.
In May 2003 Optus Mobile advertised a Nokia 7250 camera phone on a $55 per month plan in a national advertising campaign which included using television, newspapers, in-store promotion, the internet and store brochures.
Price fixing arrangement in relation to bricks.
Undertakings given to develop and implement an internal trade practices compliance program, to remain in force for three years.
Tyco Australia Pty Ltd, trading as ADT Security (ADT) has failed to perform all of its contracts with residential customers requiring annual maintenance services of the residential customers' security systems.