1. For a detailed analysis of the nature of business competition, including both the static and dynamic aspects thereof, see Cassady RalphJr., Competition and Price Making in Food Retailing (New York: Ronald Press Co., 1962), pp. 43–113.
2. The Safeway price policy was to “meet the lowest price of every competitor, item by item, day by day, and town by town.” Safeway Stores, Inc., Policies, January 1, 1947, p. 43.