Walmart Chile Facing Supplier Suit Alleging Abuse of Market Dominance

Walmart Chile said in a statement sent to Reuters on Thursday that it had not been informed of the lawsuit, adding it was always concerned about forging a “virtuous and long-term relationship” with suppliers.

RIO DE JANEIRO, BRAZIL - An association of Chilean food suppliers has sued the local unit of U.S. retail giant Walmart Inc, alleging that the store chain abused its dominant position in the market to impose contracts on providers and set arbitrary prices.

The suit, dated October 22nd, but recently uploaded on the website of Chile’s antitrust court, said the AGIP supplier association had made the allegations against Walmart, which operates Líder, Acuenta and Central Mayorista markets in Chile.

Walmart “exploited in an abusive manner its dominant position in the supermarket supply market, by imposing on its suppliers . . .

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