The announcement K-Mart and Sears are combining to go head to head with Wal-Mart is good news.
No monopoly is good for America. That has been proven over and over again.
The argument Wal-Mart is helping the poor misses the point that Wal-Mart is also responsible for making more American people poor by only buying products made in the poorest of poor countries instead of made by American workers.
American consumers must have jobs and income to shop at Wal-Mart.
Another threat is selection. If Wal-Mart becomes the only choice in America, consumers are inherently limited as to choice of products. Wal-Mart can never have large enough stores to offer every choice to consumers.
"The argument Wal-Mart is helping the poor misses the point that Wal-Mart is also responsible for making more American people poor by only buying products made in the poorest of poor countries instead of made by American workers." There is no proof that american are becoming poorer. Please provide some.
Wal-Mart will utterly fail to monopolize the retail market, if that's its goal.