Word: discounted
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Dates: during 1990-1999
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...said Microsoft unfairly ensured that its Internet Explorer, which includes the Java virtual machine, became the Java standard by offering a discount to computer manufacturers that installed only Internet Explorer and thus left out Netscape Navigator, the browser's main competitor...
...cutting out overhead costs such as inventory expenses and large staff, virtual bookstores can offer prices below retail. Yet how much of a discount on-line vendors offer is a matter of dispute...
...latest in a series of controversies in which the company, by virtue of its enormous size and reach, has played an unwanted role as a sort of national conscience, discount division. Wal-Mart has been accused of being both censor and nanny, condemned as a promoter of demon rum and slave labor, and cited as both a friend and a foe of the environment. "We don't want to be America's moral conscience," says Don Soderquist, senior vice chairman. "The watchword for all of our people is 'Do what is right.' That's what we really preach and teach...
This kind of practical morality operates on a larger scale too. Take the sale of alcoholic beverages. Wal-Mart does not sell beer and wine in its traditional discount stores. Yet if you walk into many Wal-Mart supercenters, stores as big as 220,000 sq. ft. that combine a supermarket with a traditional Wal-Mart, you'll find plenty of Budweiser to put in the coolers being sold in sporting goods. Wine and beer are also sold in Sam's Clubs and in the company's new chain of downsized Neighborhood Markets, a.k.a. "small marts...
...distinction? Wal-Mart executives attribute the decision to the customers, who say they expect to be able to buy beer and wine in supercenters just as they do at competitors' stores of a similar type. Yet booze will remain verboten in fuddy-duddy old Wal-Mart discount stores. Explains Glass: "What's the difference between selling in a supercenter and a Wal-Mart? I can't tell you I can give you a definite answer. But I can tell you that I have a rationale for it." Nevertheless, within the company and without, there was muttering that Sam--Wal-Mart...