132 results, showing 101 to 120
Fairfax Media Limited (Fairfax) made an application to the ACCC seeking informal clearance for its proposed acquisition of Rural Press.
On 18 April 2007 the ACCC accepted the undertaking of Mr Mohamad Hir Ismail, a director of Toll Holdings Ltd and/or its related bodies corporate.
Under the undertaking Mr Mohamad Hir Ismail agrees to sell down any interest he has in Asciano Limited and thereafter maintain his independence from Asciano.
On 18 April 2007 the ACCC accepted the undertaking of Mr Lye Fei, a director of Toll Holdings Ltd and/or its related bodies corporate.
Under the undertaking Mr Lye Fei agrees to sell down any interest he has in Asciano Limited and thereafter maintain his independence from Asciano.
On 18 April 2007 the ACCC accepted the undertaking of Mr Loi Kum Sai, a director of Toll Holdings Ltd and/or its related bodies corporate.
Under the undertaking Mr Loi Kum Sai agrees to sell down any interest he has in Asciano Limited and thereafter maintain his independence from Asciano.
On 18 April 2007 the ACCC accepted the undertaking of Mr Liu Thai Ker, a director of Toll Holdings Ltd and/or its related bodies corporate.
Under the undertaking Mr Liu Thai Ker agrees to sell down any interest he has in Asciano Limited and thereafter maintain his independence from Asciano.
On 18 April 2007 the ACCC accepted the undertaking of Mr Lim Yeow Beng, a director of Toll Holdings Ltd and/or its related bodies corporate.
Under the undertaking Mr Lim Yeow Beng agrees to sell down any interest he has in Asciano Limited and thereafter maintain his independence from Asciano.
On 18 April 2007 the ACCC accepted the undertaking of Mr Koh Soo Keong, a director of Toll Holdings Ltd and/or its related bodies corporate.
Under the undertaking Mr Koh Soo Keong agrees to sell down any interest he has in Asciano Limited and thereafter maintain his independence from Asciano.
On 18 April 2007 the ACCC accepted the undertaking of Mr Peter George, a director of Asciano Limited and/or its related bodies corporate.
Under the undertaking Mr Peter George agrees to remain an 'Independent Asciano Person'.
On 18 April 2007 the ACCC accepted the undertaking of Mr Saul Richard Cannon, a director of Asciano Limited and/or its related bodies corporate.
Under the undertaking Mr Saul Richard Cannon agrees to remain an 'Independent Asciano Person'.
On 18 April 2007 the ACCC accepted the undertaking of Mr Neil Chatfield, a director of Toll Holdings Ltd and/or its related bodies corporate.
Under the undertaking Mr Neil Chatfield agrees to sell down any interest he has in Asciano Limited and thereafter maintain his independence from Asciano. In addition, Mr Neil Chatfield must immediately resign from all positions within Toll, and take no further part in the company, if he ceases to meet the requisite standards of independence.
The undertaking is associated with the fifth variation, accepted by the ACCC on 18 April 2007, to the undertaking given by Toll to the ACCC on 11 March 2006. The fifth variation relates to Toll's planned restructure of its group businesses by way of scheme of arrangement to create a new listed entity and trust.
The ACCC's decision to consent to the fifth variation is given effect through the following documents:
a variation to Toll's undertakings
a new undertaking from Asciano Limited, and
new undertakings from the directors of Toll and Asciano.
On 18 April 2007 the ACCC accepted the undertaking of Mr Goon Kok Loon, a director of Toll Holdings Ltd and/or its related bodies corporate.
Under the undertaking Mr Goon Kok Loon agrees to sell down any interest he has in Asciano Limited and thereafter maintain his independence from Asciano. In addition, Mr Goon Kok Loon must immediately resign from all positions within Toll, and take no further part in the company, if he ceases to meet the requisite standards of independence.
The undertaking is associated with the fifth variation, accepted by the ACCC on 18 April 2007, to the undertaking given by Toll to the ACCC on 11 March 2006.
In October 2006, the ACCC raised concerns with Jaggad Pty Ltd (Jaggad) that some of its pricing terms in its Premium Dealer Agreements (PDA) may have amounted to resale price maintenance in contravention of section 48 of the Trade Practices Act 1974 (the Act).
Jaggad which is a manufacturer and wholesaler of Jaggad branded cycling, triathlon and multisport clothing (Jaggad Apparel) distributes Jaggad Apparel through selected independent cycling and sports fitness outlets nationally.
Jaggad, out of its approximate 220 distribution outlets, required 11 of its resellers identified as 'Premium Dealers' to sell Jaggad Apparel at the recommended retail prices set by Jaggad in its PDAs.
GlaxoSmithKline Australia Pty Limited (GSK Australia) provided court enforceable undertakings under section 87B of the Trade Practices Act 1974 (the Act) to the ACCC in relation to representations made in the marketing of its Ribena blackcurrant fruit drink products.
The ACCC had concerns that representations made on the packaging and promotional material for Ribena products were false or misleading and may breach sections 52, 53(a) and 53(c) of the Act.
In November 2006 the ACCC raised concerns with Ausia Australia Pty Ltd (Ausia) noting that staff of the ACCC had become aware of the sale of baby cots and baby walkers by Ausia on its eBay website Oz-Auction and noting concerns that the baby cots and baby walkers sold by Ausia may not comply with product safety standards.
The baby cots sold by Ausia included the New Adjustable Wooden Baby Cot and Bed/ w Truckle (KC 312) and (KC311). The baby walkers sold by Ausia included New 2-in-1 Baby Walker/Rocker W/Toys & Music (880 and 882) and baby walker models KXY398, KXY 180J, KXY302-1, 882P and 688PS.
In order to address the concerns of the ACCC, Ausia and its directors undertook to the ACCC to recall the baby cot and baby walker products sold by it giving rise to the ACCC's concerns (including those products sold through the Oz-Auction eBay site during the period prior to Ausia operating that site).
Ausia and its directors also undertook to publish a number of public disclosure notices educating businesses on their obligations under the Trade Practices Act 1974 (TPA) including the prohibition against selling products that do not comply with product safety standards and alerting parents of the dangers of purchasing products for their children that do not meet product safety standards.
In order to improve its ability to comply with its obligations under the TPA in the future, Ausia and its director also undertook to implement a trade practices compliance program and to maintain that program for a period of 3 years and 3 months.
A variation to the undertaking was provided by Alliance Factoring Pty Ltd in response to ongoing complaints about disputed debts since the original undertaking came into effect