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Known as barriers to entry: "Barriers to entry is an economics and business term describing factors that can prevent or impede newcomers into a market or indust
by cratermoon 4y ago
Known as barriers to entry: "Barriers to entry is an economics and business term describing factors that can prevent or impede newcomers into a market or industry sector, and so limit competition. These can include high start-up costs, regulatory hurdles, or other obstacles that prevent new competitors from easily entering a business sector." https://www.investopedia.com/terms/b/barrierstoentry.asp https://www.investopedia.com/terms/b/barrierstoentry.asp