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Originally Posted by roachboy
if a state engaged in the practices walmart did in the context of pan's rubbermaid example, that state would be accused--rightfully--of dumping.
the premise of dumping regulations is that it is understood as a fundamentally unfair trade practice.
which means that there is at some level an assumption concerning fairness in trading that is built into the rules that shape capitalist activity.
the question of why the state can be guilty of dumping can be linked to that of scale: the state operates with resources that enable firms that benefit from them to engage in unfair forms of competition--like selling good below the cost of production.
walmart exploits its scale to absorb losses they might incurby selling rubbermaid goods below cost. because walmart is not a state apparatus, legally it is not dumping--but it is a good example of predatory pricing practices. which walmart is famous for.
are the only limits of capitalist activity what is illegal?
does the standard of fairness in trade apply only to states?
beyond that anything goes?
how is that functional?
how is that fair?
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So Microsoft sells Xboxs at below cost because they can make up the difference via licensing software to run on Xboxe, is that also considered dumping?
From what I understand dumping is selling your product at one price in one market, then selling it in another in a different market, which the japanese electronics groups have been accused of many times and sometimes proven.
At what point is a loss leader a valuable sales tactic to many stores on Black Friday become this dumping tactic?
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Originally Posted by pan6467
What business objectives????? I own your competitor, I no longer need you. So instead of raising your price and making it unaffordable here, I'll lower your price force you to lose money..... then when that won't work pull you off my shelves and thus force you to raise your price everywhere else.
Then I come in with my little piss ant company (that competitor I bought) and say "put me on your shelves."
The fact is when they were pulled off Wal*Mart shelves they still sold..... until Wal*Mart sent in Sterilite at prices that were unreasonably low.
They manipulated the market.
They took a company that paid decent wages and destroyed it. plain and simple.
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Again, no one forces people to purchase goods at Walmart.
Rubbermaid products are available at many other stores.
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Last edited by Cynthetiq; 09-28-2006 at 07:38 AM..
Reason: Automerged Doublepost
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