barriers to entry

barriers to entry
Restrictions on the entry of new competitors into a *market. Barriers to entry may result from technical and economic factors. For example, the large-scale investment in machinery needed for some production processes may be beyond the economic means of many potential entrants to a market, or a firm may hold an exclusive *patent right that gives it a technical advantage in manufacturing a product. Barriers can also derive from *monopolistic and restrictive trade practices, or from *tariffs and other *protectionist measures. Compare *barriers to exit.

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  • barriers to entry — See entry barriers. Practical Law Dictionary. Glossary of UK, US and international legal terms. 2010 …   Law dictionary

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  • entry — noun 1 right to enter sth ADJECTIVE ▪ free ▪ The club offers free entry to women on Thursdays. ▪ college, school, university (esp. BrE) VERB + ENTRY …   Collocations dictionary

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