Apparently there is a price war going between major retailers selling DVDs.

Wal-Mart Stores Inc. started another price war Thursday, trimming the online preorder prices of some upcoming DVDs following its price cut on books last month. And, once again, competitors Amazon.com and Target scrambled to match the prices.

It’s the latest salvo in an ongoing online push by Wal-Mart designed to make sure everyone knows it intends to be the low-price leader on the Web, as well as in stores.

Hmmm. Its odd how this price war does not requires state intervention to keeps the retailers ‘honest’. Its also interesting how the state doesn’t force consumers to purchase DVDs from the retailer close to their house like the how the state forces consumers to purchase health insurance from providers only in their state.

Gosh I wonder if their is a relationship between business competition and low prices? I wonder if their is a relationship between state prohibition of competition and high prices?

This entry was posted on Sunday, November 8th, 2009 at 5:41 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.