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Old 4 Mar 2012, 01:00 (Ref:3034721)   #31
Driver TBA
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Originally Posted by Mixer View Post
Their alleged actions are 100% illegal under Trade Practices Act, specifically restraint of trade. Nobody is allowed to act in any way to control or influence the price something sells for; it is anti-competitive.

From my limited retail knowledge, as far as I'm aware a company is well within its rights if they feel a retailer is damaging their brand through loss leading.
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Old 4 Mar 2012, 05:44 (Ref:3034788)   #32
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Mixer should be qualifying in the top 3 on the gridMixer should be qualifying in the top 3 on the gridMixer should be qualifying in the top 3 on the gridMixer should be qualifying in the top 3 on the grid
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Originally Posted by Driver TBA View Post
From my limited retail knowledge, as far as I'm aware a company is well within its rights if they feel a retailer is damaging their brand through loss leading.
From the Competition and Consumer Act 2010:

Quote:
Part IV: Restrictive Trade Practices
The restrictive trade practices, or antitrust, provisions in the Trade Practices Act are aimed at deterring practices by firms which are anti-competitive in that they restrict free competition. This part of the act is enforced by the Australian Competition and Consumer Commission (ACCC). The ACCC can litigate in the Federal Court of Australia, and seek pecuniary penalties of up to $10 million from corporations and $500,000 from individuals. Private actions for compensation may also be available.
These provisions prohibit:
Most Price Agreements (see Cartel and Price-Fixing)
Primary boycotts (an agreement between parties to exclude another)
Secondary boycotts whose purpose is to cause substantial lessen competition (Actions between two persons engaging in conduct hindering 3rd person from supplying or acquiring goods or services from 4th)
Misuse of market power – taking advantage of substantial market power in a particular market, for one or more proscribed purposes; namely, to eliminate or damage an actual or potential competitor, to prevent a person from entering a market, or to deter or prevent a person from engaging in competitive conduct.
Exclusive dealing – an attempt to interfere with freedom of buyers to buy from other suppliers, such as agreeing to supply a product only if a retailer does not stock a competitor’s product. Most forms of exclusive dealing are only prohibited if they have the purpose or likely effect of substantially lessening competition in a market.
Third-line forcing: A type of exclusive dealing, third-line forcing involves the supply of goods or services on the condition that the acquirer also acquires goods or services from a third party. Third-line forcing is prohibited per se.
Resale price maintenance – fixing a price below which resellers cannot sell or advertise
Mergers and acquisitions that would result in a substantial lessening of competition
A priority of ACCC enforcement action in recent years has been cartels. The ACCC has in place an immunity policy, which grants immunity from prosecution to the first party in a cartel to provide information to the ACCC allowing it to prosecute. This policy recognizes the difficulty in gaining information/evidence about price-fixing behaviours.
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Old 4 Mar 2012, 06:01 (Ref:3034792)   #33
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bortall should be qualifying in the top 10 on the grid
Oh please - the ACCC wouldn't know if the arse was on fire
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Old 4 Mar 2012, 06:15 (Ref:3034797)   #34
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Thanks to a quick Google. From here.

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Resale price maintenance (supplier controlled prices)
Suppliers may try to impose a resale price to maintain brand positioning or to give resellers attractive profit margins.

Any arrangement between a supplier and a reseller that means the reseller will not advertise, display or sell the goods the supplier supplies below a specified price is illegal.

It is also illegal for a supplier to cut off, or threaten to cut off, supply to a reseller (wholesale or retail) because they have been discounting goods or advertising discounts below prices set by the supplier.

A supplier may recommend an appropriate price for particular goods but may not stop retailers charging or advertising below that price. In most cases, a supplier may specify a maximum price for resale.

Suppliers may withhold supplies of goods to a company that engages in ‘loss leader selling’. That is, purchasing goods with the intention of selling the goods below their cost so that:

the company can promote their business
attract customers who are likely to purchase other goods or services.

This exemption does not apply to genuine clearances, or to when a supplier has agreed to supply goods to a company for the purpose of loss leader selling.
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Old 29 May 2018, 00:44 (Ref:3825352)   #35
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GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!
The Big Short....?



Story Here

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Shane Van Gisbergen. The first placed ‘legal’ car & team in the 2019 Virgin Australia Supercar Championship
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Old 29 May 2018, 01:48 (Ref:3825363)   #36
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Add that to the list of financial services companies sponsoring motorsport, who have since been and gone?

- Westpoint
- WPS
- Opes Prime
- Others?
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Old 1 Jun 2018, 11:30 (Ref:3825997)   #37
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GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!GTRMagic is going for a new world record!
Another trips up...

Story Here

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Old 2 Jun 2018, 16:37 (Ref:3826235)   #38
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Razor should be qualifying in the top 3 on the gridRazor should be qualifying in the top 3 on the gridRazor should be qualifying in the top 3 on the grid
Seems a financial company sponsoring motorsport is the kiss of death
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Old 2 Jun 2018, 23:41 (Ref:3826323)   #39
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But within a year the couple was struggling to keep up with monthly mortgage repayments of $12,000 for the three loans
Greedy silly people who fall for these get rich quick schemes.
Usually the homes they buy tend to be no more than a hole in the ground.
Banker skips off to a foreign country with secret bank accounts and no extradition treaty.
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Old 3 Jun 2018, 00:16 (Ref:3826325)   #40
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Forda should be qualifying in the top 10 on the grid
Merge with this thread for a consolidated list:

Westpoint
ICS Smartcard
Firepower
WOW
Ozemail
WPS
Opes Prime
Glenfords
Betta Electrical
Big Kev
..
..
Money Choice
Jetgo.com
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Old 3 Jun 2018, 03:25 (Ref:3826334)   #41
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Quote:
Originally Posted by Forda View Post
Merge with this thread for a consolidated list:

Westpoint
ICS Smartcard
Firepower
WOW
Ozemail
WPS
Opes Prime
Glenfords
Betta Electrical
Big Kev
..
..
Money Choice
Jetgo.com
Ozemail still exists, I regularly get emails from that domain name.
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Old 3 Jun 2018, 03:39 (Ref:3826335)   #42
Forda
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Forda should be qualifying in the top 10 on the grid
Revised listing:

FAI
Westpoint
ICS Smartcard
Roadships
Holy Grail
Firepower
WOW
WPS
Opes Prime
Glenfords
Betta Electrical
Big Kev
..
..
Money Choice
Jetgo.com
IntaBill

The gap is for any others between 2012 and 2018, if there are indeed any.
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Old 3 Jun 2018, 07:33 (Ref:3826345)   #43
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Razor should be qualifying in the top 3 on the gridRazor should be qualifying in the top 3 on the gridRazor should be qualifying in the top 3 on the grid
Ozemail does slightly exist via iiNet who took over Ozemail assets where existing Ozemail customers keep their original Ozemail email addresses.
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Old 3 Jun 2018, 08:05 (Ref:3826349)   #44
Terry S
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Terry S should be qualifying in the top 10 on the grid
Quote:
Originally Posted by Forda View Post
Revised listing:

FAI
Westpoint
ICS Smartcard
Roadships
Holy Grail
Firepower
WOW
WPS
Opes Prime
Glenfords
Betta Electrical
Big Kev
..
..
Money Choice
Jetgo.com
IntaBill

The gap is for any others between 2012 and 2018, if there are indeed any.
What happened tonGlenfords?

I know about most of the others.
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Old 3 Jun 2018, 09:30 (Ref:3826365)   #45
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Forda should be qualifying in the top 10 on the grid
Glenfords went into voluntary administration in late 2011, however some of their franchise-owned stores continued to trade.

https://www.themorningbulletin.com.a...vival/1287151/
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