Nestle withdraws application for review of ACCC decision.

0 Comments | M2 Presswire, January, 2007

M2 PRESSWIRE-30 January 2007-ACCC: Nestle withdraws application for review of ACCC decision(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:30012007 The Australian Competition Tribunal has allowed Nestle Australia Ltd to withdraw its application to the Tribunal. Nestle Australia wanted the Tribunal to overturn the Australian Competition and Consumer Commission's decision to revoke an exclusive dealing notification* lodged by Nestle Australia.

Nestle Australia lodged its notification with the ACCC in December 2005 after Aldi imported and sold Nescafe brand instant coffee manufactured in Indonesia and Brazil. Nestle sought to stop supply of all Nestle products to Aldi unless Aldi complied with certain conditions in relation to the sale of the imported Nescafe...