Walmart Appeals Anti-competitive Fine
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Mexican stock exchange FridayAssociated Press News
•Walmart's Mexico subsidiary plans to appeal a $4.6 million fine for alleged monopolistic practices
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Walmart 's Mexico subsidiary says it plans to appeal a $4.6 million fine for alleged anti-competitive practices involving suppliers.
The agency that issued the fine expressed concerns about a “relative monopolistic practice” The fine apparently levied after at least one rival store chain accused Walmart of using its substantial purchasing power to gain discounts.
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