Walmart Oligopoly Research Paper
Wal-Mart is an American public corporation that runs a chain of large discount department stores. Wal-Mart is the larges public corporation by revenue according to the Fortune Global 500. The company was founded by Sam Walton in 1962 and to this date, Wal-Mart employs approximately 2.1 million people.
Now, somewhere down the line you might be wondering why I am not referring to Wal-Mart as an oligopoly. Wal-Mart is indeed an oligopoly because there are only a few firms in the United States that dominate the retailing business. The other firms like Wal-Mart are Target and CostCo .When looking at Wal-Mart from this perspective, it is an oligopoly.
If you take Wal-Mart and look at it from the perspective of a mom and pop or brick and mortar store,
Now, somewhere down the line you might be wondering why I am not referring to Wal-Mart as an oligopoly. Wal-Mart is indeed an oligopoly because there are only a few firms in the United States that dominate the retailing business. The other firms like Wal-Mart are Target and CostCo .When looking at Wal-Mart from this perspective, it is an oligopoly.
If you take Wal-Mart and look at it from the perspective of a mom and pop or brick and mortar store,