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This is marvelous. Class action alleges Walmart systematically puts one price on the shelf, and charges a little more at the cash register. Walmart claims consumers can see the prices actually charged, so no harm. CA7 rejects. www.law360.com/securities/a...
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A refutation of the assumptions of classical economics…in the Seventh Circuit?! The court of Posner and Easterbrook?! There is still hope in the law!
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Posner seemed to come back to real life economics. I think he got upset with billionaire scams
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