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by greatwave1
1086 days ago
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> List one area where Walmart has a monopoly and the only grocer in town. I'd recommend you do some reading to understand the definition of a monopoly, as it pertains to pricing power: https://www.ftc.gov/advice-guidance/competition-guidance/gui... A business doesn't need to be the literal only option for it to have monopolistic power over a market. The Sherman Anti-Trust Act uses 50% market share as a general criteria for when a business could have monopoly power in a market. Based on that definition, here's an answer for your > List one area where Walmart has a monopoly Check out the table in the back of the source I linked, and you'll find 203 of them! |
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