888 Abalone Pty Ltd seems to believe it has a case. And maybe it...

888 Abalone Pty Ltd seems to believe it has a case. And maybe it does.

"Exclusivity provisions in the agreement provide that 888 may not, without the consent of OGA, sell or supply juvenile abalone within Western Australia for the purposes of sea ranching to a party other than OGA. OGA may not, without the consent of 888, acquire, develop or procure juvenile abalone for sea ranching from a party other than 888 except where 888 does not have the stock or where OGA requires juvenile abalone for a sea ranch outside Western Australia and 888 cannot supply at the same price as it supplies in Western Australia."
Source: OGA prospectus 2017

Seems to me that OGA is "a party other than 888". My interpretation therefore is that OGA may well be bound by the agreement to "not, without the consent of 888,… develop... juvenile abalone for sea ranching" (at least for its Western Australian sea ranching operations or unless 888 can't supply sufficient stock).

And since OGA's agreement with 888 runs until June 2023, OGA may have its hands tied for another four years - and it might now have an adversarial relationship with one of its key suppliers.