Undertaking date
Undertaking type
s.87B undertaking
Reference number
D00/41219
Section
s. 50
Company or individual details
-
Name
SmithKline Beecham Australia Pty LtdACN
008 399 415
Undertaking
After conducting market inquiries, the Commission determined that the merger between SmithKline Beecham (Australia) Pty Ltd and Glaxo Wellcome Ltd, to form Glaxo SmithKline plc, would not substantially effect competition, provided that certain Undertakings be provided by SmithKline Beecham to the ACCC.
The Undertaking provides that SmithKline Beecham will sell its Famvir product to Novartis AG in the event that the merger proceeds.