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On 29 July 2010, the ACCC accepted an undertaking (the Undertaking) from Novartis AG (Novartis) in relation to its proposed acquisition of Alcon Laboratories Inc (Alcon) (the Proposed Acquisition). Novartis and Alcon were the only suppliers of injectable miotic products in Australia.
Murray Irrigation Limited has provided an undertaking to the ACCC acknowledging that its conduct breached rule 5(1) of the Water Charge (Termination Fees) Rules 2009 because it imposed termination fees that exceeded the maximum amount authorised under the Rules.