But do you really want to penalize companies for opening stores in bad neighborhoods? Fewer companies competing for business means higher prices for (presumably poor) people in those neighborhoods.
I'd be happy with a definition of "excessive" that's sensitive to that.
A couple of times I've lived near corner/liquor stores that were obviously more problematic than their competitors, for example. If those stores exerted downward pricing pressure then it might be to a level that was problematic. I don't want all stores to become poorly run crime magnets because they can't afford to stay in business.
A couple of times I've lived near corner/liquor stores that were obviously more problematic than their competitors, for example. If those stores exerted downward pricing pressure then it might be to a level that was problematic. I don't want all stores to become poorly run crime magnets because they can't afford to stay in business.