Well clearly this one went over Anthony's head by a long shot.
So Yuyutsu is not alone.

In Canada a decade ago Walmart was running everyone out of buisness until Canada's version of the ACCC came up with and policed this view of the legislation.

"The Bureau considers predatory pricing to be a firm deliberately setting prices to incur losses for a sufficiently long period of time to eliminate, discipline, or deter entry by a competitor, in the expectation that the firm will subsequently be able to recoup its losses by charging prices above the level that would have prevailed in the absence of the impugned conduct, with the effect that competition would be substantially lessened or prevented."

They did police it and small business returned, it seems there is a place for both as long as the government has the will. Our ACCC has the will, a will given to them from Woolies and Wesfarmers, not to mention the oil companies and power suppliers....a will to see them flourish and the INDIVIDUAL fail.

>>Yabby-So Rehctub, if Coles was not there to create competition, who would look after you then?<

Still spouting empty vessel words then Yabby?
I recall you telling me that the banks were poor and that they did not collude...1% profit you spouted from memory, such rubbish from you my token fiscal dynamo. Your vision still does not pass the farm gate. When you have an economy where 80% of weekly consumables come from two corporations Yabby you have monopoly whether the plebs superfund’s invest in the corporations or not. You should have been a banker Yabby, the clothes fit you perfectly, and you already know the spiel.

The problem with the likes of the ACCC, is that this they are policing, are usually much smarter and much better resorced.

Their latest (Coles, wollies) is a promo that earns a discount of fuel when certain items are purchased.

The other strong HO,d they posses, is strength in numbers, as they sell everything and have many fingers in many pies, which, apart from other things, helps to spread their risks.

GovernmentS for years have been toothless tigers and small retailers are now paying for decades of neglect.

At the end of the day, governments simply don't want small retailers as they can't keep an eye on them, so I doubt little will change.

*I recall you telling me that the banks were poor and that they did not collude...1% profit you spouted from memory*

I certainly never claimed that banks were poor, Sonofgloin, so
your imagination or flawed memory are the real problem. My claim
indeed was that banks earned around 1% of gross assets, I stand
by that claim. Return on equity capital is of course higher, as it
should be, but not as high as other Australian companies, such as
some miners and some manufacturers.

*Yabby you have monopoly whether the plebs superfund’s invest in the corporations or not*

Let me see, Coles has 741 stores, Aldi about 270. Aldi outdiscounts
everyone else by a long shot and the profits go to some of Germany's
richest families. So now you want to help Aldi become even richer
and cut out hundreds of thousands of Australians who have an interest
in Coles, plus millions of super fund investors.

Sonofgloin, with people like you, we can only be described as
the lucky but dumb country! The Germans will be laughing all the way
to their megabank.Australia does not need enemies, Sonofgloin is
right here to do the damage.

Good to talk to you again Yabby.