In September, Wal-Mart was hit with three separate charges of predatory pricing. Government officials in Wisconsin and Germany accused the retailer of pricing goods below cost with an intent to drive competitors out of the market. In Oklahoma, Wal-Mart faces a private lawsuit alleging similar illegal pricing practices. … Read More
As the story above suggests, Wal-Mart routinely engages in predatory pricing. But the company would prefer not to break the law in the process. To this end, Wal-Mart has joined with Murphy Oil in an effort to repeal a Florida law that prohibits predatory pricing among gasoline retailers.
The two companies financed a "consumer" group, the Coalition for Lower Gas Prices, which contends the Motor Fuel Marketing Practices Act costs Florida consumers $150 million annually in higher gas prices. … Read More
A judge is expected to rule within weeks on whether a lawsuit filed by four independent video stores against Blockbuster Video and seven Hollywood studios may be certified as a class action suit. The suit charges Blockbuster and the studios with attempting to fix prices, a violation of the Sherman Act and California state law. The suit was filed last year in a Texas federal court. … Read More
In a Carbohydrate Economy, Ownership Matters By David Morris Fall 2000 Almost 20 years ago I coined the term “carbohydrate economy” to describe an industrial system with two distinctive features 1. Carbohydrates replace hydrocarbons. We rely on vegetables to supply not only our stomachs but our factories. 2. Cultivators and their surrounding regions capture a significant … Read More
A bill to clarify California state law to ensure that all retailers with a physical presence in the state collect sales tax on internet transactions is making headway. The bill (AB 2412) passed the Assembly on a 42-32 vote in late May. It then cleared two Senate committees in June and August. It is expected to come before the full Senate in the coming weeks. Governor Gray Davis has not yet taken a position on the bill. … Read More
Companies offering franchise business opportunities in Ontario will soon have to provide prospective franchisees with key information about their operations. A new franchise disclosure measure, Bill 33, was passed by the provincial legislature in late May. It will become law once the Ministry of Consumer and Commercial Relations drafts rules and regulations for its implementation.… Read More
The town of Mamaroneck, New York recently took steps to protect its character and environment from large-scale developments that abut, adjoin, or are adjacent to its borders. Under a zoning ordinance enacted in April, the town now requires these developments to undergo a comprehensive review and obtain a permit from the Mamaroneck Town Board. … Read More
Size restrictions keep the large stores out, but many places are grappling with the proliferation of smaller chains, like Starbucks and Blockbuster. These cookie-cutter operations often displace unique homegrown businesses and have made many cities and towns virtually indistinguishable. … Read More
One might be tempted to think that the rise of giant chain bookstores has been a boon to authors. After all, the typical Barnes & Noble or Borders superstore stocks upwards of 150,000 titles, compared to an average of 20,000 for an independent. … Read More
