Barriers to entry

BARRIERS TO ENTRY

Entry barriers are factors that make it difficult for startups to enter their desired markets. Sometimes, depending on how fierce the competition is, it can even decrease the attractiveness of a market. Such barriers are usually used by current players in the market to deter new competitors, so they can protect their position in the market.

Read more:

One Minute Economics, YouTube (2019, Oct 20) Barriers to Entry Explained in One Minute: Definition, Examples and Monopoly/Competition Concerns
Retrieved from: https://youtu.be/Jx8fEumsbQo (Last accessed 2020, Feb 7)
Barriers to entry: Factors preventing startup entry into a market. (2020). Retrieved from: https://learn.marsdd.com/article/barriers-to-entry-factors-preventing-startups-from-entering-a-market/ (Last accessed 2020, Feb 7)