From: Adjudication
Sent: Wednesday, 21 October 2015
12:05 PM
To: 'Adam.brink@anz.com'
Subject: Third line forcing
notification N98638 lodged by Australia & New Zealand Banking Group Limited
[DLM=For-Official-Use-Only]
Security Classification: For Official Use Only
Dear Mr Brink
I refer to the third line forcing
notification lodged with the Australian Competition and Consumer Commission
(the ACCC) by Australia & New Zealand Banking Group Limited on 16
October 2015. It has been allocated the registration number
N98638. The notification and this email will be placed on the ACCC’s
public register which is available on the ACCC’s website.
The protection from legal
action provided by the notification commences automatically 14 days after the
lodgement date, unless the ACCC objects.
On the basis of the information that you have
provided, and that the
parties will disclose all relevant terms and conditions to customers, the ACCC
does not object to the notification at this time.
If
at any time circumstances change, or the ACCC receives further information,
such that it is satisfied that the public benefits from the third line forcing
conduct do not outweigh the public detriments, the ACCC may remove the
protection provided by the notification.
Please
contact Theo Kelly on (02) 6243 1179 or by email to
adjudication@accc.gov.au if you have any
questions about this matter.
Regards
Dr Richard Chadwick
General Manager | Adjudication Branch
Australian Competition & Consumer Commission
23 Marcus Clarke Street Canberra 2601 | http://www.accc.gov.au