From: Adjudication
Sent: Monday, 14 August 2017 12:07
PM
To: 'rose.owen@news.com.au'
Cc: jessica.worrall@news.com.au
Subject: Third Line Forcing
Notification N99791 lodged by iVenture Card International Pty Ltd
[DLM=For-Official-Use-Only]
Security Classification: For Official Use Only
Dear
Ms Owen
I
refer to the third line forcing notification lodged with the Australian
Competition and Consumer Commission (the ACCC) by iVenture Card International
Pty Ltd on 3 August 2017. It has been allocated the registration number N99791.
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 Anna Pound on 03 9290 6920 or by email to adjudication@accc.gov.au if you have
any questions about this matter.
Regards
David Jones
General Manager | Adjudication
Australian Competition & Consumer Commission
23 Marcus Clarke Street Canberra 2601 | http://www.accc.gov.au