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IPM Eagle LLP offered this section 87B undertaking in connection with its acquisition of the assets of Edison Mission Energy. IPM Eagle LLP is a consortium entity comprising of International Power Pty Limited and Mitsui & Co.
Bramalco Pty Ltd provides home improvement services such as roofing, guttering, and security shutters. Bramalco’s contract with consumers contained a 20% cancellation clause. It was the ACCC’s view this was an unenforceable penalty clause.
In the period immediately before the introduction of Goods and Services Tax in July 2000, national catalogue, television and radio advertising was conducted for Harvey Norman Computers & Communications stores which featured a promotion for GST-ready accounting software, Quicken Quickbooks, for $199 that included a bonus software bundle valued at over $900.
American Express (Amex) advertised its International Airline Program (IAP) for Platinum Cardmembers as entitling them to purchase a specially negotiated ticket for first or business class air travel on a participating airline and receive a free, complimentary or bonus companion ticket entitling a second person to accompany the Cardmember on that trip.
SP Energy Pty Ltd (‘SPE’) has entered into a share sale agreement with TXU Corp, to purchase the group of companies of which TXU Australia Group Pty Ltd (‘TXU’) is the ultimate Australian holding company.
Pacific National Pty Ltd (‘PN’) has undertaken that if, on or after the date that settlement of the acquisition by PN of Freight Australia (‘FA’) occurs, the Somerton Siding is controlled by PN, that PN will use its best endeavours to transfer control of the Somerton Siding to a party independent of PN.