Barriers to entry: Difference between revisions
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imported>Doug Williamson (Expand for first-mover advantage.) |
imported>Doug Williamson m (Categorise.) |
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Latest revision as of 10:52, 11 July 2018
Obstacles which prevent a new firm from entering a market.
Barriers may include natural, legal or artificial barriers.
A potential advantage to being the first supplier in a new market is the possibility of creating barriers to entry.
