1)What are the problems, allegedly caused by Wal-Mart, for its employees, local communities, consumers, and the environment?

2)Has Wal-Mart's success fulfilled the virtues of competition?

1)Over the years, the growth of Walmart has created an effect that has come to be known as the Walmart Effect. This is the effect that Walmart has on people in local communities where it builds its branches. There are different problems Walmart causes in its neighborhood:

Hurting smaller businesses - Being a giant, Walmart has the ability to acquire large quantities of products from different suppliers for low prices and then sell them at a discount to the consumer. This takes customers away from the smaller businesses around it, which imminently runs them out of business.

Employee hours - It is claimed that employees complain over a lack of full-time jobs at Walmart. The company also does not provide them with medical benefits. It also has inconsistent scheduling, which makes the lives of employees much more difficult.

Consumer - When Walmart opens up in an area, it runs the other businesses around it out of business. This forces consumers around that area to buy everything from Walmart. It takes away the freedom of choosing something from different sellers.

Environment - With its ever-growing number of stores, more vehicles are put on the road to replenish the stores with supplies. This increases air pollution. Additionally, Walmart has a habit of abandoning some of its stores, which leads to land wastage.

2)

Wal-Mart's success fulfilled the virtues of competition, and that is why antitrust sentiments have not shot down its growth. By 2007, it had 127 million customers. Ten years later, the retailing giant had employed over 2.2 million folks, effectively giving it global retailing dominance. As other retailers continue declining, Wal-Mart is experiencing growing levels of customer success and profitability.

The main reason why Wal-Mart's success rate does not violate antitrust virtues is that:

• It is profitable for suppliers who have many other trading options
• It is valuable and beneficial to consumers, who buy products affordably and conveniently
• It is driving high rates of innovation within the industry, introducing cost-effectiveness
• It encourages rampant manufacturing, encouraging competition among producers and leading to further frugal, value-adding engineering at a mass-production scale

Wal-Mart's excellence is anchored in its digital platforms that make suppliers and consumers successful. Therefore, the company enshrines the need for competitiveness within the industry, incentivizing retailers and manufacturers to prioritize consumers' needs.