The Forum > Article Comments > Tall poppy syndrome is alive and well > Comments
Tall poppy syndrome is alive and well : Comments
By David Flint, published 19/10/2007Richard Pratt may well have crossed the line. But the line is as artificial as the moral outrage of some in the commentariat.
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Pratt’s shameless crime against all Australians who buy things that need cardboard packaging (that cost $34m) is a mere bagatelle, in Flint’s eyes: “Richard Pratt’s offence seems to be in a vague imprimatur he gave en passant to some sort of understanding about prices proposed to his CEO by their competitor, Amcor.” A crime was never so well perfumed.
For Flint, being caught is just an inconvenience: “So it seems that whenever a major player in Australia chats with his chief executive officer, it would be prudent now to have a sharp lawyer present, however dulling that may be to the conviviality of the occasion.” Pass the sherry, old chap.
According to Flint, in future Pratt and his competitor should not “…make the mistake of sealing their conscious parallelism with even a nod or a wink…” because “It would seem obvious where there is a wafer thin distinction between conscious parallelism and price fixing.” In other words when you plan to rip off your customers do it smarter.
In Flint’s world there may be “a good case that in a concentrated market a price fixing arrangement should only constitute a serious offence where it can be shown that prices are, as a result, significantly higher”. Significantly higher? We note that Flint doesn’t bother to make that "good case" or the case to change the law to allow cartels to rip people off with impunity.
And so Flint returns to his “tall poppy” argument. “Richard Pratt may well have crossed the line between conscious parallelism and proscribed price fixing. The line is as artificial as the moral outrage of some in the commentariat whose aggregated contributions to the nation would not be an infinitesimal proportion of Pratt’s. Such is jealousy.”
Flint’s argument is essentially elitist and amoral - the rich ought to be able to rip off ordinary Australians. How else can they get wealthy? Pardon my moral outrage