|
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.
Comments:
Post a Comment
|
|
Recent Tweets
input
due diligence
ventureblog
a vc
techblurbs
tj's weblog
venture chronicles
terranova
the big picture
gigaom
venchar
bill burnham
babak nivi
n-c thoughts
paidcontent
techdirt
slashdot
london gsb
mefi
boingboing
blort
hardwax
betalounge
ing
morgan
chicago fed
dallas fed
ny fed
imf
world bank
nouriel roubini
portfolio
contact
mail.
uhaque (dot) mba2003 (at) london (dot) edu
skype.
umair.haque
atom feed
technorati profile
blog archives
|
|
