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Wal-Mart is a privately owned business therefore they can do whatever they wish, but the issue here is they specifically place their stores in the midst of rural areas with no central shopping center and aggressively lower prices because they can afford to do it, thus making the local stores suffer because they can't compete. I myself have seen two instances of this. Now, everyone can make the choice to not shop at walmart, but they're not going to if they have to drive an hour or so to find an alternative, thus allowing walmart (and whoever's influencing them) to continue to dominate the market.
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