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Originally posted by Liquor Dealer
I normally agree with Ustwo but I can't in this instance. Wal-Mart doesn't give a damn about anyone but Wal-Mart. If they can't expand and find product horizontally they expand vertically and make, or have made, their own label. The whole intent of the article is to show just how rabid they can get and that the end result is the export of jobs. The fact that they force American business to be competitive is fine - the fact that they can leverage them out of business by virtually blackmailing them on price isn't fine - If you do a little bit of checking you'll find that Wal-Mart is the most sued business on Earth. A law suit is filed against Wal-Mart about every thirty seconds and only a small percent are by customers - most are by suppliers.
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Most large retail sellers do the same thing wal-mart does. My wife works for a company that markets its own product rather then take the price cuts demanded by the big retail sellers. It makes it harder to get to your market, but it can be done. I personally rarely shop at wal-mart. I do sometimes shop at home-depot and other 'super stores' which I am quite sure do the exact same thing wal-mart does. Wal-mart now IS the biggest and I'm sure it gets sued all the time, but for what? About the only thing that could 'get' wal-mart is if they become a monopoly, and despite some fears that they will, I rather doubt we will see that happening anytime soon.