Why is the retail market for PCs more competitive than a monopoly

| March 29, 2017

Question
Why is the retail market for PCs more competitive than a monopoly? In the article, several people in this industry complain about thinner profit margins. Can the retail market survive with the current level of profits? Do you expect there will be entry of more firms into the retail market? (Circuit City is having earnings trouble, but Best Buy has been on a rebound.)

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