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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (450871)1/26/2009 8:20:52 AM
From: Road Walker  Read Replies (1) | Respond to of 1574260
 
Tough call. In one sense we would be better off, it isn't likely a single event would take down a significant number of mom and pops. But, our costs would be higher.

I was dealing with that industry when the consolidation took place. Walgreen's had a 4 tier price program... they would intentionally place their stores as close as possible to the most successful locally owned pharmacy and implement their most aggressive price tier. Eventually the local guy would go out of business (it worked virtually every time) and then they would slowly raise prices to the same level as the local guy. Now on peripheral non-pharmacy items they will always be cheaper because of competition with general merchandise stores... but in core products the consolidation actually cut competition and made it much easier to collude.

So, where do you draw the line?

And how?


Good question. I'm sure you could figure a way to make it more onerous for acquisitions.