Company or individual details
- PAPERLINX LIMITED70 005 146 350
On 17 January 2001, the ACCC accepted court-enforceable Undertakings from PaperlinX Limited. The Undertakings address the ACCCs competition concerns regarding the proposed acquisition by PaperlinX of the shares in Spicers Paper Limited not already owned by PaperlinX. Prior to the proposed acquisition, PaperlinX owned approximately 42% of the shares in Spicers.
The Undertakings provide for the divestiture of both the Edwards Dunlop and Commonwealth Paper Company paper merchant businesses which operated within the Spicers group. The divestiture of these businesses was completed in September 2001.
In addition, the Undertakings provide for:
- the use of a major brand name by the divested entity;
- conditions relating to the supply of fine paper products manufactured by PaperlinX to the divested entity for 3 years from the date of divestiture; and
- the process that PaperlinX is required to follow should it seek to make an anti-dumping application under Part XVB, Division 2 of the Customs Act 1901 in the 3 years from the date of the divestiture (refer to Clause 3.1).