Chapter 14 - Assignment 3: Wal-Mart v. American Drugs
Read the summary of the Wal-Mart v. American Drugs case.
- What was the rationale behind the Chancery Court's decision?
- Why did the Arkansas Supreme Court reverse this decision?
- Why is it difficult to distinguish between "predatory pricing" and healthy competition? (Hint: see Taylor, pp. 438-9.)
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