Quote:
Originally Posted by UFO
With HST, if Walmart can reduce the price of a product 2%, so can Superstore/Safeway/Whole Foods/Capers/Canadian Tire, so MAYBE there are savings to be seen by the consumer. But does this guarantee that they will? No way. Why would Walmart lower their pricing when they know everyone else can do they same thing, what incentive is there to decrease their profit margin when everybody else can offer the same price decrease?
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If they don't decrease their profit margin, and their competitors do, they will lose business. If they decrease their profit margins, and their competitors don't, they will take business away from their competitors.