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Wednesday, August 31, 2005
Wal-Martization of America
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he Equal Employment Opportunity Commission has filed more suits against Wal-Mart than any other company. In Arizona, a judge found the company guilty of discrimination against the disabled and actually made Wal-Mart run ads admitting its guilt.
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al-Mart is famous for predatory pricing, slashing prices in one community to eliminate all local businesses there. Its losses are made up by profits from stores across the country. Once the local businesses are destroyed, the company raises its prices to profitable levels and moves on to the next town. Several states have banned this, including Florida, where Wal-Mart was caught in the act.
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n Oregon jury found Wal-Mart guilty of forcing unpaid overtime work.
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he Wal-Martization of America is hurting small and local businesses, which pump more money into their local economies than major corporations.
Posted by fm on August 31, 2005 at 12:53 AM