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On 25 July 2007 the ACCC accepted the undertaking of Mr Mark Smith, a director of Toll Holdings Ltd and/or its related bodies corporate. Under the undertaking Mr Mark Smith agrees to sell down any interest he has in Asciano Limited and thereafter maintain his independence from Asciano.
On 18 July 2007, the ACCC decided that the acquisition of Golden Casket Lottery Corporation (Golden Casket) by Tattersall’s Limited (Tattersall’s) would be likely to substantially lessen competition in the market for monitoring and maintaining electronic gaming machines (EGMs) in Queensland, in breach of section 50 of the Trade Practices Act 1974.
Kwala Skateboards has provided an 87B Undertaking to the ACCC that it will cease requiring retailers to sell its goods at the recommended retail price. In addition it will undertake a trade practices compliance program and send a letter to each of its customers advising of these facts.