rogerd - 6:26 pm on Aug 10, 2007 (gmt 0) Cutthroat competition benefits the consumer every time.
As a consumer, I don't like this concept at all. It's a fact that some companies can run an extremely lean and efficient operation and sell at prices that are ruinous to less efficient companies. The latter either sell based on service (there are lots of people who don't need the lowest price, and prefer convenient locations, helpful sales staff, etc.), lose money by matching prices, or go out of business.
Cutthroat competition benefits the consumer every time.