Saturday, August 21, 2004

Bad News: Wal-Mart is now monopolizing Japan

According to the International Herald Tribune's article " Wal-Mart looking at Japan's Daiei" , Wal-Mart is now monopolizing Japan. It has already bought the Seiyu department store chain and turned it into wal-mart. Now it is raising its stake in the indebted Daiei department store chain to 38%. Please feel free to comment on what your thoughts on this article are.

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