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Raktos Distribution Services Pty Limited (trading as ‘Smokers Supplies’) is an importer and distributor of tobacco products and accessories.
Raktos and its directors have admitted that from approximately March 2007 to June 2008, Raktos supplied retailers, in contravention of sections 65D and 75AZT of the Trade Practices Act 1974, with Captain Black Little Cigars Filters and Captain Black Gold branded tobacco products which did not comply with the tobacco labelling requirements prescribed by the Trade Practices (Consumer Product Information Standards) (Tobacco) Regulations 2004.
Raktos and its directors have provided court enforceable undertakings to the ACCC that:
Raktos and its directors will refrain from supplying tobacco products which do not comply with the tobacco regulations which are in force at any particular time;
Raktos will remove non-complying tobacco products from sale and offer a full refund of the purchase price or replacement tobacco products to retailers who bought non-complying tobacco products from Raktos or its directors; and
Raktos will implement and maintain a trade practices law compliance program.
Flinders Ports offered the section 87B undertaking (undertaking), to avoid delay and address the ACCC’s concerns about the impact that the proposed joint venture may have on the supply of container stevedoring services at Port Adelaide, South Australia.
Post-transaction, Flinders Ports would have dual roles as container stevedore and port manager, and would be responsible for allocating the necessary inputs for container stevedoring at Port Adelaide to parties who are potentially also its competitors.
Broadly, the undertaking requires Flinders Ports to:
notify the ACCC of any allocations of certain relevant land at Port Adelaide, and licences for container stevedoring at Port Adelaide;
delay settlement of any allocations of land or container stevedoring licences notified to the ACCC pursuant to the undertaking, until the ACCC has concluded a review and confirmed the outcome to Flinders Ports; and
provide written reports to the ACCC concerning approaches made to Flinders Ports by interested third parties who have sought allocations of land or container stevedoring licences from Flinders Ports.
The undertaking adequately addresses competition concerns that the proposed joint venture would increase barriers to entry in the market for container stevedoring services at Port Adelaide.
It ensures that the process used by Flinders Ports to allocate the necessary inputs for container stevedoring is transparent, and subject to review by the ACCC in accordance with the Merger Review Process Guidelines 2006.
The notification process established by the undertaking also ensures that prospective new entrants are not deterred from seeking entry by the fact of the joint venture between Flinders Ports and DP World (SA) Pty Ltd, the incumbent stevedore.
A Public Competition Assessment will be issued on the Mergers Public Register in relation to the proposed acquisition.