Attorney General Insists Wal-Mart, Target Have It Wrong

Law360, New York (December 5, 2006, 12:00 AM EST) -- Wal-Mart Stores Inc. and Target Corp. have misunderstood Minnesota state law regarding predatory pricing and are free to offer generic drugs at rock-bottom prices, according to state Attorney General Mike Hatch.

“You can certainly have loss-leaders,” says Hatch. “The issue is that you can’t do it for the purpose of driving out competition.”

The attorney general is trying to get the word out in hopes of erasing some confusion over the retail giants’ insistence that state law prevents them from offering generic drugs at their lowest...
To view the full article, register now.