At Borders, Mega Publishers Get the Keys to the Kingdom

Date: 1 Aug 2002 | posted in: Retail | 0 Facebooktwitterredditmail

Leading publishers will be involved in determining which books are carried at Borders Books stores under a new "category management" plan being phased in this year. Under the plan, Borders is assigning each of 250 book categories—ranging from thrillers to romance novels—to one of the top publishers in that category. Borders will provide this "category captain" with detailed sales data for all titles in the category, including those of competitors. … Read More

Mexico Investigates Wal-Mart For Antitrust Violations

Date: 1 Aug 2002 | posted in: Retail | 0 Facebooktwitterredditmail

In late May, Mexico’s antitrust agency, the Federal Competition Commission, opened an investigation into Wal-Mart for "monopolistic practices." The action was prompted by charges that Wal-Mart has abused its market power by pressuring suppliers to sell goods below cost or at prices substantially lower than those available to other retailers (even after accounting for reasonable volume discounts).… Read More

Local Bookstore Files Antitrust Suit Against Chains

Date: 1 May 2002 | posted in: Retail | 0 Facebooktwitterredditmail

The now defunct Intimate Bookshop of North Carolina has filed suit against Barnes & Noble and Borders Books alleging that the chains used their market power to pressure publishers for special discounts and terms unavailable to other retailers. According to documents filed in the case by Intimate’s attorney, Carl Person, the chains received an effective discount of 60 percent off the cover price, compared to only about 40-46 percent given to independent bookstores. … Read More

Wal-Mart Settles Predatory Pricing Charge

Date: 1 Oct 2001 | posted in: Retail | 1 Facebooktwitterredditmail

Wal-Mart admits no wrongdoing and will not pay a fine in a settlement reached with the Wisconsin Department of Agriculture, Trade, and Consumer Protection over a predatory pricing complaint filed by the agency last year. The company will, however, face double or triple fines for any future violations, according to the terms of the agreement. The complaint accused Wal-Mart of selling butter, milk, laundry detergent, and other staple goods below cost at stores in Beloit, Oshkosh, Racine, Tomah, and West Bend. … Read More

Booksellers Settle Lawsuit Against Chains

Date: 1 May 2001 | posted in: Retail | 4 Facebooktwitterredditmail

In late April, the American Booksellers Association (ABA) settled its antitrust case against Barnes & Noble and Borders Books for $4.7 million. The lawsuit charged the two chains with using their market power to bully publishers and wholesalers into providing special discounts and favorable terms that were not made available to independent bookstores.… Read More

Wal-Mart Charged With Predatory Pricing

Date: 1 Nov 2000 | posted in: Retail | 4 Facebooktwitterredditmail

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

Wal-Mart Joins Oil Refiner To Overturn Fla. Predatory Pricing Law

Date: 1 Nov 2000 | posted in: Retail | 0 Facebooktwitterredditmail

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

Video Stores Seek Class Action In Suit Against Blockbuster

Date: 1 Nov 2000 | posted in: Retail | 0 Facebooktwitterredditmail

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

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