Here is my trail of thought: Since Ethernet works on the principle of CSMA/CD one can possible setup a rogue host which transmits packets all the time forcing other to exponentially back off until they can no longer transmit any data. Now the InterFrameGap can allow opportunities for the rogue host to detect collision itself but lets say we make the rogue host adapter such that it does not back of exponentially and starts re-transmitting as soon as it detects a collision. Am I missing something here>
On older single collision domain networks, yes, this was called a "chattering" host or NIC and cause plenty of problems as the rest of the network had to deal with the limited bandwidth.
On modern switched networks this has much more limited effect, though it depends on the switches.