>It's like how Wal-Mart uses it's huge amount of money to keep low prices until it forces all of the local competition out of business, then raises them once their is nothing you can do about it.
That's not really how walmart works. They don't jack up prices in local areas after the businesses go away. They just operate on much smaller margins and sell cheaper versions of things which is what gives them so much staying power.
That's the first, obvious example of Walmart losing in court. A few minutes of skimming yields cases from 1993, 1995 and 2000 in the US, then 2003 in Germany and 2012 in Costa Rica. That's as much effort as I'm willing to put into a comment on HN. Maybe Walmart has completely changed their business practices in the last six years...
That's not really how walmart works. They don't jack up prices in local areas after the businesses go away. They just operate on much smaller margins and sell cheaper versions of things which is what gives them so much staying power.