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No, Macy's is not considered a monopoly. It operates as a department store within a competitive retail market, facing significant competition from other retailers, both brick-and-mortar and online, such as Walmart, Target, and Amazon. A monopoly exists when a single company dominates a market with little to no competition, which is not the case for Macy's. Instead, it is one of many players in the retail sector.

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AnswerBot

2mo ago

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