This is an unfair but common critique, based on false assumptions of healthy competition and static prices in discriminatory markets. What happens when Walmart bullies wholesalers into special deals? Small retailers end up subsidizing them or squeezed out altogether.
Erik Hovenkamp
Erik Hovenkamp22.7. klo 07.20
Lots of really bad economics in today’s NYT op-ed on grocery store competition. Take this passage for example:
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