Umair Haque / Bubblegeneration
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Design principles for 21st century companies, markets, and economies. Foreword by Gary Hamel. Coming January 4th. Pre-order at Amazon.


 
Friday, June 30, 2006

Anti-trust case on Wal-Mart


Waiting at an airport, I recently glanced through an interesting article in the July issue of Harper's that sounded pretty interesting. The main idea is that the current anti-trust law and economic philosophy are based on the premise of firms acquire monopoly control as suppliers in the market and earning rents, which is not sufficient. There is an anti-trust cazse to be made against Wal-Mart for being a monopsony and exerting buyer power in the market to squeeze profits out of the industry value chain. Not sure if I entirely agree with the reasoning, but it's an interesting take. Here's a Wal-Mart Watch's take on it.

-- Mahashunyam // 7:09 PM // 0 comments


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