So tell us what happened to the MOM and POP stores when Walmart opened?
In Vegas alone we had 13 grocery stores close when Walmart opened their neighborhood markets.
Try to convince anyone that isn't price fixing. Good luck.
I see the problem now: you don't understand what price fixing is.
What happened to the Mom and Pop stores? They closed. Why? Because CONSUMERS decided to shop at Walmart. Believe it or not, they did so willingly.
Nobody tied a rope around them and dragged them into the stores, nobody pulled out a gun and forced them to shop at Walmart, Walmart didn't have private investigators take pictures of those women cheating on their husbands and blackmail them to shop there, they did it all on their own, and gladly I might add.
Except that's not exactly how that happened. You left out a few things.
Sam Walton may have started out as a "small business man", but
Walmart was never a "small business". Wal-mart went from being a publicly own corporation in 1970 to over 200,000 stores nation wide in five years. And they did this through a simple formula. Stores were built in every community, and the goods of whatever local merchandise retailers were bought and sold in bulk, shipped to all of their stores nationwide, something the local retailers simply could not do, allowing Wal-mart to undercut the prices of those local retailers rather dramatically. Now, it didn't really matter that the quality was also somewhat inferior. To working class families, being able to save money was important, especially with the economic squeeze that was ensuing. To assist with the illusion that Wal-Mart was just a "bigger, cheaper" version of your local retailers (your "Mom & Pop" stores), Wal-Mart hired copious numbers of staff to give the illusion that they could, and would give the same personal attention to customers that the local retailers did.
This had several effects. First, it created good public relations. After all, Wal-Mart was the saving institution that was bringing jobs to an economy badly in need of jobs. Second, Wal-Mart "proved" they could do everything the "om & Pop's could cheaper. The problem is, it was a lie. it was an illusion. Once Wal-Mart had effectively pushed the individual retailers out of business - around the mid-1980's, a strange thing happened. Two actually. First, prices began to rise at Wal-Marts all across the nation. Second, Wal-Mart began laying employees off, citing economic hard times. The problem with that claim is that Wal-Mart stock continued to soar. Wal-Mart continued to record huge profits quarter after quarter. The "economic hard times" really didn't seem to be hurting Wal-Mart's corporate profits, yet there were the lay-offs. And by then, consumers really didn't have a whole lot of choice. Wal-Mart had effectively priced the local competitors out of business, so people would shop where they could. And this has continued to today. Once Wal-Mart knew that it was "the only game in town", they knew that they could treat their customers, and their employees any way they like, and everyone would just "take it", because, after all, where else are you gonna go?
Now, things have improved a
little in recent years, due mostly to competition created by other super-chains, like Target, and the advent, and explosive growth of online shopping that affords a convenience that even Wal-Mart is incapable of matching. They are trying to correct this by creating an online presence of their own. Time will tell if they will be able to do in the virtual world what they did in the physical one.
Now, was what Walmart did illegal? No. But it was mercenary, disingenuous, ethically ambiguous, and, at the very least, distasteful. So, one can understand why folks might have a less than favourable view of the corporate conglomerate.