News: GAP Gale Pacific Sees HY Loss Of About $3.6 Mln, page-9

"Here is one historical example of the type of behaviour.
https://www.accc.gov.au/media-relea...uct-and-orders-coles-pay-10-million-penalties
To be clear, this is just an example."

Thanks for posting the link to that 2011 account.

Yes it is an example, but not a very relevant example in the case, I don't believe.

The Coles example details some unambiguously egregious commercial practice.

I'm sure that if GAP's commercial counter-party was doing a similar thing in this instance, GAP's management would, if they were doing their jobs, be protesting vigorously about it or at least make some reference to contesting it. As opposed to devoting just a few words, in a single sentence as part of a market update, to it.

Without having access to the management accounts, I rather think the provision that was taken was for a reason other than a GAP customer "using a near monopoly position as a retailer to apply punitive or unjust terms to a supplier (potentially retrospectively)".

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