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Explain Economics
Monopoly Power
1. I remember in late March/early April of 2000 that Microsoft was involved in some form of an anti-trust suit that centered on some form of Monopolistic powers. Wal-Mart continues to expand worldwide not just with their traditional stores, but with their Sam's Club warehouse stores as well. McDonalds has continued their expansion from the traditional brick-and-mortar stores to showing up in Wal-Marts and food courts inside your local mall. As competition has grown from the likes of Target and name-your-fastfood-chain here (Burger King?), these organizations have found a way to consistently stay on top of the price wars. Does this make them a monopoly, or just plain smart?
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