Consider the following (inspired by a conversation with Xixidu):
Agent A and agent B come to the following agreement: agent A will make a car for agent B for £100. They sign a contract for this. But no contract can be totally exhaustive, so some details are left out. One detail left out is the colour of the car.
Why? Because there are only two colours available, black (which costs £1) and green (which costs £150). Agent B much prefers black to green, so didn't bother to include that in the contract: obviously agent A isn't going to use paint that costs £150 on a car he's selling for less than that!
But A suddenly announces that he will, after all, paint the car green. He credibly commits to painting the car green, at a massive loss - unless agent B gives him an extra £10.
Blackmail or not? And would it be different if the price of green was high, but not so extreme?
Blackmail. A wouldn't make the threat if A believed that B ignored such threats, and A would have no motive to paint the car green if B were a rock. Pricing of green makes no difference so long as the price is not negative.
My blackmail posts have generated some interesting discussion, so I'm just creating this one so that people can post examples of behaviours that they think are either clearly blackmail, or clearly not blackmail, or something in between.