GAP 0.00% 12.5¢ gale pacific limited

News: GAP Gale Pacific Sees HY Loss Of About $3.6 Mln, page-10

  1. 4,897 Posts.
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    You're entitled to your opinion but it would carry more (some) weight if you could propose a plausible alternative. Any alternative?

    In my experience there are degrees of oppression and a near monopoly customer (within a region) without an existing ACCC ruling against them would feel reasonably safe in pushing the limits. I note that in the example provided (which you believe is not relevant) there were 200 impacted suppliers. This strongly implies something of an established practice before someone felt they could (more likely had no alternative) but to scream.

    In the case of GAP it's likely than a $1m+ hit is actually more economically rational, especially in the short term and less damage than calling out to the ACCC (or US equivalent).

    If you propose an alternative (any alternative) we can have a discussion on relative plausibility but I've gone about as far as I can without further explanation from the company.
 
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