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GrandTheftAutism posted:Eric "Son Of A Nazi" Abetz wants to come back to politics Yeah, in name he's a Phoenix Wright character
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Jan 10, 2024 13:59
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Electric Wrigglies posted:Even in that report Fels did, the example given on ABC news was on how a supplier wanted to put the price up but WooliColi made the supplier pay a penalty. As in the biggest area that WooliColi throws its weight around is on suppliers (remember the campaign to pay more for milk?) and I think some work rationalisation?. Releasing that pressure (aside from being popular with farmers and other suppliers) would likely see a significant increase in prices. Profit margin is determined after you subtract executive pay and bonuses though, right? It's a gameable number in that sense, unless you think the upper management actually contribute value commensurate with their compensation. That's not to say that breaking them up would inherently improve that, since then there are two CEOs instead of one. It's certainly possible for breaking up a monopoly to be bad for consumers, but in cases where that is true it is still incumbent on governments to regulate or nationalize them.
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Feb 22, 2024 15:44
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