4 ms·

Only governments can put barriers of entry into a free market, usually through regulations.

• TeMPOraL 6y ago
  Not true. See [0] for a list of examples, which contains several cases of barriers to entry that do not involve governments in any way (except as the entity that allows contracts to be enforced and the market to exist in the first place). -- [0] - https://en.wikipedia.org/wiki/Barriers_to_entry#Examples https://en.wikipedia.org/wiki/Barriers_to_entry#Examples
  • nickpp 6y ago
    Half of those examples need to be sustained by the government to actually act as barriers. And all of them ignore the creativity of the entrepreneurial mind when incentivized by the fabulous profits to be had in a monopolized market. A nice example: https://en.wikipedia.org/wiki/Herbert_Henry_Dow https://en.wikipedia.org/wiki/Herbert_Henry_Dow