Undertaking date
Undertaking type
s.87B undertaking
Reference number
D00/42330
Section
s. 48
Company or individual details
-
Name
LMC Pacific Pty Ltd and Gilles HaumontACN
003 432 504
Undertaking
The ACCC investigated a complaint that LMC Pacific Pty Ltd had engaged in resale price maintenance in relation to the termination of supply of Cartier brand products to a retailer.
An Undertaking was accepted by the Commission where LMC Pacific and it's managing director, Mr Gilles Haumont, agreed not to engage in conduct which constitutes resale price maintenance.
LMC also undertook to:
- provide its employees, for a three year period, with a trade practices compliance program in relation to Part IV of the Trade Practice Act 1974; and
- send to each of its authorised retailers a letter emphasising that each authorised retailer is free to set its own retail prices for products supplied by LMC Pacific.