Identify a specific industry where there has been (or you predict there will be) a significant change with regard to the degree of competition in the market. In other words, identify an industry that has gone from a monopoly to a competitive market, or from competitive to oligopolistic, etc. There's no one way for an industry to go, but basically, it either goes from little/no competition to more competition or the other way around.

1. Describe the industry and explain the general pattern of change by identifying the major factor(s) that have led (or you think will lead) to a change in the degree of competitiveness. Explain why and how this industry is evolving.
2. Discuss how this change is likely to impact business operations (e.g., impact on pricing, advertising, labor markets, etc).