Do you agree with the Financial Times of London?

[David S]

There is a certain economy to be obtained by scale, so big companies have an advantage but as long as there is free market competition I don't see a problem. The article point out that Walmart has about 30% of the US retail sales on some products. Walmart is now the largest company in the world, but if they have only 30% of the market that leaves 70% for others.

 Kmart once occupied the position at the top of the heap. Then Walmart, which at that time was smaller and more nimble, came along and knocked Kmart off the top of the mountain. Kmart BTW had done the same to some of their predessors.  In the future some smaller and more innovative company will do the same to Walmart. This is the history of business in America. Companies start off small, grow larger and sometimes become huge. But eventually they are replaced by companies who figured out better ways to do things. As I recall, of the companies which made up the Dow industrials 100 years ago, only one still exists.