most grocery stores run at about a 3% profit margin on most of their goods. What Mandami wants is to use tax payer money to drive all the other grocery stores out of New York. Because they will not be able to compete with a state funded chain who can lose money on every sale but still stay in business.
It's how China operates key industries overseas. The government funds the business until they bankrupt all the competition and so are now the only source of said product and thus have control over the industry and it's offshoots.
Now most countries are not idiots and see what the Chinks are up to and slap tariff's on their products of off set this, a'la all the fussy over chink microchip production a few years back, but Jew York? Mandami will run all the other stores out without a thought then after he leaves and the city is broke where will the food come from?
Not his problem bro. Typical socialist thinking, someone else will always be there to pay the bills and fix the messes.