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On 18 December 2015, the ACCC announced it had accepted an undertaking from CC 1 (2011) Limited, Max-Inf (Ningbo) Baby Product Co., Ltd (Max-Inf), and Britax Childcare Pty Ltd (together, the parties) in relation to Nordic Capital Fund VII’s proposed acquisition of a controlling interest in Max-Inf Holdings Limited (the proposed acquisition).
The Australian Competition and Consumer Commission (ACCC) has accepted a court enforceable undertaking from Optus Internet Pty Limited (Optus Internet) for allegedly making misrepresentations about the data transfer rates (speeds) offered on its broadband cable service and particular plans.