On 19 May 2022, the ACCC announced it had accepted an undertaking given by Osmosis Buyer Limited (Osmosis) and its subsidiary Osmosis Holding Australia Pty Ltd pursuant to s 87B of the Competition and Consumer Act 2010 (Cth) in connection with Osmosis’s proposal to acquire all issued shares of Firewall Holding S.À R.L (Firewall).
On 7 April 2022, the ACCC accepted a joint functional separation undertaking given by TPG Telecom Limited on behalf of its wholesale and retail subsidiaries. The undertaking came into force on 7 October 2022.
The Australian Competition and Consumer Commission (ACCC) has accepted a court enforceable undertaking from N.A.S.R. Incorporated, trading as Speedway Australia (Speedway Australia) in relation to concerns arising out of an agreement between Speedway Australia and the Sprintcar Control Council of Australia (SCCA) that may have hindered or prevented the ‘VSC Sprintcars’ class of sprintcar racing from competing at speedway racing tracks affiliated with Speedway Australia.
The Australian Competition and Consumer Commission (ACCC) has accepted a court enforceable undertaking from Bowra & O’Dea Pty Ltd (Bowra & O’Dea) in relation to representations made about the price of its funeral and/or cremation services that likely contravened section 48(1) of the Australian Consumer Law (ACL), and its use of unfair contract terms within the meaning of section 23 and 24 of the ACL.