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Wal-Mart Stores Inc. and the Wisconsin Department of Agriculture, Trade and Consumer Protection have resolved an administrative issue relating to the state's Unfair Sales Act.

* Wal-Mart Stores Inc. and the Wisconsin Department of Agriculture, Trade and Consumer Protection have resolved an administrative issue relating to the state's Unfair Sales Act. The department had filed a complaint against Wal-Mart after several of its retail competitors argued that the company had sold some items below cost in 1998 and 1999. However, under the act, retail firms may price items below cost for a variety of reasons as long as there is no anti-competitive intent or effect. WalMart said it has taken steps to improve its record-keeping and agreed to a penalty process if the company is found in the future to have violated the act.
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Title Annotation:Government Activity; Unfair Sales Act case settled
Comment:Wal-Mart Stores Inc. and the Wisconsin Department of Agriculture, Trade and Consumer Protection have resolved an administrative issue relating to the state's Unfair Sales Act.(Unfair Sales Act case settled)(Government Activity)
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 20, 2001
Words:108
Previous Article:Arkansas Best Corp.
Next Article:ARKANSAS BUSINESS LIST: DAILY NEWSPAPERS.
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