 And the answer I found was that Walmart was using a set of underhanded tactics very similar to those that A&P had used. It would come into a town, sell goods below cost, and then once the local competition had disappeared, it would raise prices. And as it gained market power, it began to strong-arm suppliers. It would say, you're going to give us lower prices, better terms, more access, while you charge higher prices to the local grocer down the street.