<p>QR would watch the development of the Toll restructure “with interest”, managing director Bob Scheuber told <em>Lloyd’s List DCN.</em> </p> <p>Last year, Mr Scheuber labelled the split a “Clayton’s restructure” and posed the question, “when is an undertaking, not an undertaking?” on the Australian Competition and Consumer Commission’s reaction to the proposal.</p> <p>“As we stated in December when this restructure was announced, this move raises some interesting issues and concerns for QR,” he said. </p> <p>“It will be interesting to see how it works in practice and if the two companies will be truly independent.”</p> <p>QR provided a submission to the ACCC on the restructure and was pleased that some of its concerns had been addressed, Mr Scheuber said. </p> <p>“Obviously QR accepts the umpire’s decision, but, along with others in the marketplace, will watch with interest,” he said. </p> <p>“From our perspective, we had already factored this decision into our plans. QR will be forging on with our national expansion plans, determined to give customers a genuine alternative in the marketplace."</p> <br />
