Wal-Mart pharmacy "loss leaders" upheld on appeal by Arkansas Supreme Court.
This article was originally published in The Tan Sheet
Executive Summary
WAL-MART PHARMACY "LOSS LEADERS" UPHELD BY ARKANSAS Supreme Court decision handed down Jan. 9. "Our statute...does not make loss leaders il-legal, and for that reason the chancery court erred in inferring a purpose to destroy competition from a loss-leader strategy," the court ruled. "The loss-leader strategy employed by Conway Wal-Mart is readily justifiable as a tool to foster competition and to gain a competitive edge as opposed to simply being viewed as a stratagem to eliminate rivals altogether."