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Why is Amazon taking over everything? Is it a monopoly yet?
Why is Amazon taking over everything? Is it a monopoly yet?
Expert Solution
Amazon is steadily becoming a larger and larger presence in the online retail market. However, the firm's market share is still less than 40 percent, so it is not considered to be a monopoly in the United States. At the rate that the firm is expanding and acquiring other firms, however, it is likely that Amazon will become a monopoly over the next decade.
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