Walmart hikes house brand food prices, rewards shareholders

[magicarpet]

33. Yes WalMart may be cheaper right now for you.

But down the road once they drive the competition out of business or force them to consolidate/merge..... then Walmart becomes the only game in town and prices skyrocket being they are the only ones left in town.

It is like big box stores as Lowe's and HomeDepot. They under cut the local hardware stores in pricing. Drive the competition out of business. Capture an increasing share of retail hardware sales. Cause the mom and pop operations to fold. Then when they are the only game in town prices explode upwards.

A retail store monopoly is not beneficial for consumers in no way, shape, or form.