6/7/2023 0 Comments Monopoly onlineIf you are still unsure if Walmart is a monopoly, read along to see what I found out! What Is A Monopoly Market Structure?Ī monopoly is a market structure in which only one company sells a product, and there are no close substitutes for that product. Since there’s monopolistic competition, Walmart is not considered a true monopoly. For example, companies that offer similar products like Costco, Amazon, and Target can still compete with Walmart. 1.9 Conclusion Is Walmart A Monopoly In 2021?Īlthough Walmart has several traits of a monopoly due to its dominance in the retail industry, however, it’s still not considered one as of 2021.
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