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by deedub 1804 days ago
Doesn't Walmart do something similar when they open a store in a new area?
2 comments

You don't necessarily have to engage in predatory pricing if you can sell in such volume that you can get better prices than a mom and pop as well as offering a one stop shop for most consumers. You don't even need to raise prices once the competition is gone simply because you are already making a decent profit.
I thought walmart just had lower prices, period, rather than having lower prices when they enter and then jacking them up.
Walmart is the original modern big company to do exactly this. And now they're now seen as the "good guy" when compared to Amazon. Ain't life funny?
Walmart was repeatedly found guilty of predatory pricing, along with entering consent decrees to forbid predatory pricing throughout the 1990s.

Arkansas https://www.washingtonpost.com/archive/business/1993/10/13/w...

Wisconsin https://ilsr.org/walmart-settles-predatory-pricing-charge/