PPRuNe Forums - View Single Post - Private equity take-over for Virgin Australia?
Old 27th Apr 2020, 09:59
  #209 (permalink)  
rattman
 
Join Date: Apr 2011
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Originally Posted by novice110
Question:

Is there anything stopping the QF group from pretending to be one of the potential buyers ?
(Paying someone to do it).

In order to find out in great detail the financials / plans etc.
Absolutely illegal under the competition act, at very least it would come under unconscionable conduct. Add in being sued out of existence if caught and possible fraud charges. The fake buyer would sign a civil commercial in confidence that they could not discuss the details with a 3rd party or use the information gained in commercial operations
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