12: 15 p.m. Australian authorities continue to chide big retailers over their strong arm tactics with suppliers regarding own label products.
From a Reuters story:
The Commission will look into whether suppliers faced persistent demands for additional payments and whether penalties were imposed by supermarkets. It will also examine whether supermarkets made threats to remove products from supermarket shelves, failed to pay prices agreed with suppliers, and whether they favored their own-brands.
Sims noted that suppliers were reluctant to speak to the Commission for fear of the consequences.
Tk: The code of silence is difficult to break, and thus the writing is already on the wall for this fishing expedition. It likely won’t get any fish.