Problem
History There was a time when Nabisco, Post Cereals, Kellogg's, and General Mills sold nearly 75 percent of the breakfast cereal purchased in the United States. These firms were part of an oligopoly, but those days are now gone. Describe what has happened to reduce the monopoly power of these firms in the market. Think about the breakfast cereal shelves in your grocery store.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.