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2012_0709_Packet
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2012_0709_Packet
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10/12/2012 2:46:09 PM
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7/5/2012 4:14:34 PM
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AttachmentG <br />company increases prices on those products. Artificially loweri <br />local businesses, but has major ramifications on manufacturing an <br /> <br />Predatory pricing forces competing retailers to sell at a loss, <br />products because they cannot compete with the artificially low p <br />businesses and has major implications for manufacturers. Consume <br />fewer units because Wal-Mart will be the only store left selling <br />34 <br />losses for manufacturers by devaluating goods and impacting quan <br /> <br />According to Bloomberg News, this was done on a massive scale thi <br />managers in the U.S. received instructions to mark up an average <br />35 <br />this holiday season, according to a company e-mail send the mont <br />Wal-Marts power to sell products below their typical market valu <br />36 <br />employees and the closure of U.S. plants in favor of outsourcing <br />Eighty-five percent of Wal-Marts items are made overseas. The meg <br />numerous accusations of unacceptable conditions in the factories <br />abuses include: forced overtime, locked bathrooms, starvation w <br />37 <br />access to health care, and workers fired and blacklisted if they <br /> <br />Costs to Taxpayers <br /> <br />Because many of Wal-Marts employees do not earn enough to make <br />to public assistance. Each Wal-Mart store, averaging 200 employe <br />38 <br />approximately $420,750 annually in public social services used b Wal-Mart <br />has thousands of associates who qualify for Medicaid and other pu <br />39 <br />taxpayers to foot the bill. For instance, Wal-Mart has the greatest number of associates an <br />40 <br />associate dependents on Medicaid in Ohio, costing taxpayers $44.8 <br />According to the group Wal-Mart Subsidy Watch, a non-profit watch <br />already received subsidies worth about $52 million in New York S <br />locations in New York have challenged their property tax assessm <br />41 <br />$766,000. Wal-Mart has already cost New Yorkers millions of dollars, even <br />states largest marketplace. <br />Page26of95 <br /> <br />
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