Politics
New York's Mayor Plans City-Run Groceries at 30% Off, and Japan Calls It a Market Problem
New York Mayor Mamdani announced city-run grocery stores selling key foods about 30% below market, with five locations, a $70 million capital budget and an opening target of 2029. Japanese commenters were almost uniformly critical, arguing that tax-subsidised prices break the terms of competition for private shops. A minority pushed back that whoever survives such a shakeout ends up owning the market anyway.