However, in 2003, Germany's High Court ruled that Walmart's low cost pricing strategy "undermined competition" and ordered Walmart and two other supermarkets to raise their prices.
However, in 2003, Germany's High Court ruled that Walmart's low cost pricing strategy "undermined competition" and ordered Walmart and two other supermarkets to raise their prices.
Tags: Comparison Essay Being Rich Being FamousSolving Marital ProblemsLance Research Writing ServicesVietnam Essay IntroductionArgumentative Essay Against Legalizing MarijuanaFrank Henninger DissertationIn 2005, developers demolished the long-closed Dixmont State Hospital in Kilbuck Township, Pennsylvania near Pittsburgh, with plans to build a shopping complex anchored by a Walmart.
While there were initially no general objections to the Walmart store itself, many residents did not want to see Dixmont demolished, despite the fact that the Dixmont complex, having been abandoned in 1984, was beyond maintainable condition and teenagers were dangerously trespassing onto the property on a regular basis.
Walmart's critics say that Walmart's lower prices draw customers away from smaller Main Street businesses, hurting local small-town communities.
Critics also say that Walmart is hurting the United States economy because of excessive reliance on Chinese products.
Those who defend Walmart cite consumer choice and overall benefits to the economy, and object to bringing the issue into the political arena.
In 1998, Walmart proposed construction of a store west of the intersection of Charlotte Pike (U. Route 70) and Interstate 40 outside Nashville, Tennessee.
Walmart is the largest importer in the United States in many categories such as electronics and fast-moving consumer goods.
Some city councils have denied permits to developers planning to include a Walmart in their project.
In 2000, the Wisconsin Department of Agriculture, Trade, and Consumer Protection accused Walmart of selling butter, milk, laundry detergent, and other staple goods at low cost, with the intention of forcing competitors out of business and gaining a monopoly in local markets.
Crest Foods filed a similar lawsuit in Oklahoma, accusing Walmart of predatory pricing on several of its products, in an effort to drive Crest Foods's own company-owned store in Edmond, Oklahoma out of business.
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