“A price war between Southern California’s big supermarket chains is heating up. The region’s big grocers, already having trimmed prices for much of the year, are gearing up for a new round as they seek to win back budget-minded customers who have migrated to discounters such as Wal-Mart Stores Inc. and Target Corp.” (Los Angeles Times, Wednesday)
Even in a mixed economy consumers benefit from competition.
FEE Timely Classic
“Competition Is Cooperation” by Sheldon Richman
