Is Walmart a monopoly?

If a Walmart put all local businesses out of business, would the Walmart be considered a monopoly assuming the citizens had no other options for consumer goods?
Let's say it's an island in the ocean and even internet products were out of the question. They had local shops for their goods but now Walmart is the ONLY place to purchase everything essential for life.
Brandon1892
Asked Jul 24, 2016

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