this post was submitted on 05 Aug 2024
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[โ€“] [email protected] 24 points 3 months ago (1 children)

Walmart like monopolies should be regulated.

[โ€“] Adalast 1 points 3 months ago

The word you are looking for is "Oligopoly"

  • a state of limited competition, in which a market is shared by a small number of producers or sellers.

And yes, they should. Our laws focus on Monopolies, but the big boys figured out a long time ago that if they let a single major competitor exist that the government cannot really touch them. This is why Target and Costco exist and Walmart does not do everything in their power to stomp them out.