Eureka Operations Pty Ltd trading as Coles Express - s.87B undertaking

On 15 December 2015, the Australian Competition and Consumer Commission accepted a court enforceable undertaking from Eureka Operations Pty Ltd trading as Coles Express (Coles Express):

• not to enter into any price information sharing service agreement that is similar to the one operated by Informed Sources (Australia) Pty Ltd (Informed Sources); and
• not to give effect to any such arrangement at the expiration of the current term of its agreement with Informed Sources in April 2016.

The Federal Court also ordered, by consent, that the proceedings against Coles Express be discontinued and it noted the undertaking.

On 19 August 2014, the ACCC instituted proceedings in the Federal Court against Informed Sources and five petrol retailers (BP Australia Pty Ltd, Caltex Australia Petroleum Pty Ltd, Woolworths Ltd,7-Eleven Stores Pty Ltd and Coles Express).