1.1 Below is a list of the largest public companies in the US investment banking and asset management (a.k.a. capital markets) industry. Given the information (and your own knowledge about these companies), this industry can be best described as a market A. Monopoly B. Duopoly C. Oligopoly D. Perfectly competitive Description Goldman Sachs Group Inc Morgan Stanley BlackRock Inc Blackstone Group Inc Charles Schwab Corp Moody's Corp Bank of New York Mellon Corp T. Rowe Price Group Inc State Street Corp TD Ameritrade Holding Corp Morningstar Economic Moat Narrow Narrow Wide Wide Wide Wide Wide Wide Wide Narrow Sector Financials Financials Financials Financials Financials Financials Financials Financials Financials Financials Industry Capital Markets Capital Markets Capital Markets Capital Markets Capital Markets Capital Markets Capital Markets Capital Markets Capital Markets Capital Markets