We read about anti-trust investigations, markets controlled by a few big players and competitive industries in the United States. American textbooks are filled with examples and cases. For this assignment, economic market analysis will focus on a specific country. See the Course Data File for the mandatory Country focus.
Using the module’s readings and other research, based on the definition of monopoly, find a company or industry in the Target Country that can be defined as monopolistic (or meets many of the requirements). Describe the company/industry and relate how it meets the definition. Provide historical background as to why the country benefits from the monopolist status. (1 page) Research Required.
Select an industry in the Target Country that can be defined as oligopolistic (or meets many of the requirements). Include information on major companies. Describe the industry and relate how it meets the definition. Provide historical background as to why the country benefits from the oligopolist status. (1 page) Research Required.
Describe an industry in the Target Country that can be defined as competitive and relate how it meets the definition. Provide historical background as to why the country benefits from the competitive status.