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The Only People Wal-Mart Should Have to Court are Consumers
Posted By Don Boudreaux On May 27, 2011 @ 6:55 am In Wal-Mart | Comments Disabled
Today’s Washington Post offers a thoroughly sensible editorial [1] on why the current city administration in Washington, DC., would be wrong to require (as it seems to be threatening to do) Wal-Mart to build a store in location X in order for the city to give that retailer permission to build in locations A, B, C, & D. But I was baffled by this passage in the editorial:
There’s no question that a fair amount of horse-trading goes on when companies enter — or are courted by — a market. But threatening to interfere with a governmental process is nothing more than a shakedown.
More-accurate wording would be:
There’s no question that a fair amount of horse-trading goes on when companies wishing to set up shop seek the permission of — or are courted by — a government. But threatening to interfere with a market process is nothing more than a shakedown.
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[1] a thoroughly sensible editorial: http://www.washingtonpost.com/opinions/the-mayors-ultimatum-to-wal-mart/2011/05/25/AG7L6ICH_story.html
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