Wal-Mart: An Oligopoly or a Monopoly?

Paper Summary:

This paper presents an analysis of the Wal-Mart retail store, estimated to be the largest company in the world. The paper discusses whether Wal-Mart is an oligopoly or a monopoly and determines that it is both an oligopoly and an monopoly, but its size gives it the behavioral characteristics of a monopoly with both buyers and sellers.

From the Paper:

"Wal-Mart is the largest American company in terms of sales and is estimated to be the largest company in the world based on sales. It employs more than million individuals. Its operations are based primarily in the United States, although it has recently begun to expand to other countries, including Japan. The company has begun to face public criticism for its labor practices as well as the pressure that it puts on suppliers, but the company is also credited with..."

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