Choose ONE natural monopoly and ONE oligopoly/duopoly firm operating in Australia (you can choose businesses even not mentioned in this article). Conduct your own research to find the trend in profits and market shares of these two firms (in the last 5 to 10 years) to justify the claim made in this article about the performance of these businesses in general. Compare Australia’s case (that you observe for the two chosen businesses in Australia) with another industrialized country of your choice [Hint: To compare, you may use a natural monopoly and an oligopoly business in that country or alternatively use a general picture of monopoly and oligopoly businesses in that country, depending on the availability of data]. Comment on these organizations’ performance during the recent recession in both countries.
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