Apparently they have the view that the undertaking didn't comply with the requirements of the NBN legislation,
"The watchdog said that Telstra's undertaking did not include a compliance plan for its primary commitment to be structurally separated from 2018. Such a step was stipulated as mandatory under NBN legislation.
The ACCC?s initial view is that there needs to be a clear and enforceable commitment to an ?equivalence of outcomes' that enables wholesale customers and Telstra?s retail businesses to gain access to key input services of equivalent quality and functionality,?
http://www.businessspectator.com.au/bs.nsf/Article/ACCC-slams-Telstra-separation-pd20110830-L859J?OpenDocument&src=hp1
any reason, page-8
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