Evil Walmart strikes again v. Prescription drugs

[Scrum]

Originally Posted by ballz2wallz

But of course, how could I have forgotten the 'plenty of other services' that they sell!

Planned Parenthood Federation of America, Inc.

Planned Parenthood health centers offer high-quality sexual and reproductive health care, including family planning, gynecological care, STI/STD testing and treatment, pregnancy testing, and abortion services.

[ballz2wallz]

Originally Posted by Scrumtralecent

Planned Parenthood Federation of America, Inc.

BC is a product. Services are services. The only product they sell is BC.

[Scrum]

Originally Posted by ballz2wallz

BC is a product. Services are services. The only product they sell is BC.

Your semantics games get tiring.

I never said anything about products. They sell services and products. I was talking about my buisness where I will only sell BC, no services.

[kinggovernor]

Originally Posted by SpicyMcVoodoo

Then Walmart wouldn't "jack up" prices after the competition is driven out of business from their loss leader practices. After the competition is driven under, they'll raise the prices on their loss leaders so that they're profitable, but within the usual Walmart razor-thin margins, so that no upstart can compete with them still. The end result is that Walmart could systematically drive out competitors with loss leaders, then raise the price to razor thin profitability, then move on to the next industry to dominate. Where does it end?

they how come target and sears still exist?

[SpicyMcVoodoo]

Originally Posted by kinggovernor

they how come target and sears still exist?

Huh? I was talking about loss leaders driving people out of business. Walmart has never done this strategy before.

But anyway, are they really competitors? Sears seems directed toward slightly more high end buyers. As far as Target goes, I dunno...are they direct competitors? If they're direct low-price competitors, maybe Target has staying power because of the infrastructure it already has, name recognition, good will, etc. But both Sears and Target are very diversified, so it's not like Walmart can drive them out of business by outpricing them on one product. It's straight up pharmacies, for example, that will be hurt by walmart selling drugs at a loss.

[kinggovernor]

Originally Posted by SpicyMcVoodoo

Huh? I was talking about loss leaders driving people out of business. Walmart has never done this strategy before.

But anyway, are they really competitors? Sears seems directed toward slightly more high end buyers. As far as Target goes, I dunno...are they direct competitors? If they're direct low-price competitors, maybe Target has staying power because of the infrastructure it already has, name recognition, good will, etc. But both Sears and Target are very diversified, so it's not like Walmart can drive them out of business by outpricing them on one product. It's straight up pharmacies, for example, that will be hurt by walmart selling drugs at a loss.

Wal-mart is going to try to get 100% market share of drugs, that isn't their game plan ever. They want a minority percentage is lots of goods.

[kinggovernor]

I think we need to ask ourselves this question, why system is better:

1. Huge amounts of government spending on healthcare for the poor and old who buy drugs from a regular pharmacy

2. Much less government spending on healthcare for the poor and old who buy drugs from walmart or its competitors