Reverse Competition

Near our house, there’s a little drug store/pharmacy.chemist on the corner.

Recently, as in probably 6 months ago, they cranked up their pirces on stuff like vitamins and dietary supplements. (Not the prescription drugs, I rekkon the insurance companies would be alerted then)

So, a bottle of vitamins that used to cost $3.50, costs $9 or even $12.

Needless to say, I’m getting my vitamins and non prescription stuff at the grocrty store.

What I worry about, is that when the grocery stores and other merchants see that this drug store has cranked up prices, they’ll crank up prices too.

Reverse Comeptition.

The drug store dude isn’t going to lower his price to be competive for a fixed portion of island wide sales, the other sellers are going to say “Wheee! Look how much money he’s making! I’d like to make that much money too!” And crank up their prices too.

It’s a fear, hasn’t happened yet. But I’m pretty sure I’m not the only one who’s noticed and is buying elsewhere.

I used to wander around that same drugstore while I was waiting for my prescription to be filled, putting vitamins and other cool stuff that I didn’t really need in my shopping cart. Not anymore, and I’m sure I’m not the only one.

There is potential for a bad thing here.

It’s Friday! They poured the footer for the foundation yesterday, and the foundation should be done soon!

Have a great weekend!

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