wal-mart, should it have this much power? Options

[timeflies51]

Here is Wal-Mart's latest stunt:

Apple recently announced that they are going to have movies available for downloading at a price of $14.99 for new releases and $9.99 for regular flicks. Wal-Mart sells 40% of all of the DVDs that are sold anywhere at a price of $17. Obviously, this is going to have a large impact on their profits. Wal-Mart is also planning to have their own download site to compete with Apple.

Wal-Mart is threatening Hollywood companies and telling them to cut their prices for DVDs lower so they can compete with Apple, (edit) or telling them not to have their movies available for download at all. They've gotten nasty about it, too; they didn't want to sell "High School Musical" because Disney let it be available for download on iTunes.

(EDIT) If certain companies in Hollywood do not comply with Wal-Mart, Wal-Mart will not sell that companies' DVDs.


Do you think Wal-Mart has the right to do this? Not only that, what do you think of Wal-Mart in general? Discuss.