How is Great Value not destroying the market?

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The ubiquity of their brand and how they’ve an alternative for every product is mind boggling. How this is not deemed destructive? It feels like a monopoly (though it’s technically not). Is this not eliminating entrepreneurial incentives since the biggest store in the world is filling its shelves with its own products?

In: Economics

5 Answers

Anonymous 0 Comments

Not every person shops at the biggest store in the world.
Not every person buys the store brand. I will buy store brand for a few things; but most definitely will not for some things.

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