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The Australian Competition and Consumer Commission (ACCC) has accepted a court enforceable undertaking from Gumtree AU Pty Ltd (Gumtree). On 14 January 2020, Gumtree lodged an application for merger authorisation pursuant to section 88 of the Competition and Consumer Act 2010 (Cth) in respect of its proposed acquisition of Cox Australia Media Solutions Pty Ltd (Cox). Gumtree undertakes that it will not complete the acquisition of Cox while the application for merger authorisation is being considered by the ACCC.
The Australian Competition and Consumer Commission (ACCC) has accepted a court enforceable undertaking from Outdoor Supacentre Pty Ltd (trading as 4WD Supacentre) in relation to claims about was/now pricing that were likely to contravene section 29(1)(i) of the Australian Consumer Law.