Quote:
Originally Posted by K. Molen
This scenario is often being used to illustrate why Amazon and others like them are bad, but has this ever happened? I'm genuinely curious, as I can't think of a time or a company that's done what's being described here.
|
Walmart does this. I saw a report on how they do it. Basically, they tell the vendor that they will no longer sell their product unless they lower the wholesale price. The vendor can't afford to lose their largest account so they lower the prices often by closing their US factories and moving production to Asia. I'm sure other retailers do the same.