How doesthe development of the Internet has changed the market structure in which companies operate ? Assuming most firms can be categorized as being in perfect competition, monopolistic competition, oligopoly, or monopoly.How dothat perfect competition exists mostly as an ideal or benchmark, i.e. it is rarely if ever seen in the 'real world ? Use the criteria by which we categorize firms, e.g.the number of firms in a market, degree of competition, amount of market information available to both sellers and buyers, etc.

Use our managerial economic and business strategymaterial to measure the impact of the Internet on market structure.