Quote:
Quote by: SoylentGreen  Big stores could still get around it by selling some items at a loss to attract customers. The larger stores can afford this because they will have volume sales.
Smaller mom and pop stores still need to make profit on all sales because of smaller volume of sales.
Different distributors selling the same item would have to coordinate prices which is price fixing that can be easily abused into giving distributors excessive profits for an item. |
The big stores can try to outlast the smaller ones with such give-aways but they cannot sell all items at a no porfit price because they must meet payroll demands and related costs of operation. Especially the items that sell the most. People might figure it is quicker and would use less gas to just stop at the small store close at hand, and so the "volume of sales" would be shifted away from the big stores and spread out among smaller stores due to the fact that the price difference is much smaller. However larger stores can offer more selection and diversity of itmes and brands due to space. But waiting in long lines is not fun.
In this bill different brand names can have different prices. A bean company can sell their brand of beans for whatever they wish as long as they sell it the at the same price to all retailers.
However the bill maker would have to review the 'changing label' trick.
For example the maker of Bush beans cannot change the label to read "Walmart beans" and sell them only to Walmart at a much cheaper price, because other Mom and Pop stores could not oder enough to warrent 'store brand name" (labeling).