Is nestle monopolistic

Answer 1

Nestlé is not considered a monopolistic company, as it operates in a highly competitive food and beverage industry with numerous other players. While it is one of the largest food companies in the world, it competes with many brands across various product categories. Monopolistic markets typically have a single seller dominating the market with significant control over prices, which is not the case for Nestlé. However, its size and influence do raise concerns about market power and competition in certain sectors.