Monopoly market Research Paper Example | Topics and Well Written Essays - 1250 words

Monopoly market - Research Paper Example In this essay paper, a closer look at impacts of monopoly in businesses is evaluated. Additionally the paper also reflects on the numerous roles of such a business and its negative impacts to the economy. Due to the current global concerns on the environment, many firms have turned to investment that advocate for a green economy. Through such initiatives, many firms have identified different business opportunities that promote such an initiative. At the same time, this has remained an area of just a few people including the early innovators who have ventured into upbringing of new ideas in business. Mostly, many of the existing firms in the automotive industry, for instance, have ignored such opportunities due to the lack assured markets if such products were manufactured. But for such a field, this continues to provide opportunities for many firms with interest to venture into an area that remains dormant, especially if the firm can provide products that prove to be unique. The concept monopoly in business has constantly drawn a lot of concerns among investors in both the public and the private sector. The consumers have also not been left out as they continue to carry the burden of inflated prices for goods and services from the monopolist. Through out the United States, for instance, many monotonous firms have frequently taken advantage of being singled out in the business competitive market. In such a case, many of these businesses have turned their investments into a huge business empire (Rugman & DCruz p.87). In such a market, the consumers have severally raised their concerns on exploitation by such firms due to inflated prices. Due to these reasons investing in such firm would require research to be carried in order to identify key areas of concerns by the consumer. Consumer research is necessary before such an investment. By understanding the consumers needs, investment in the carbon-free market