Many "old" barriers to entry have fallen by the wayside.For example,large investments that use to keep competitors out of the market no longer act as deterrents because there is ample capital on a global scale that is constantly searching for good investments.

Question

Quizplus · Accepted Answer

Advances in technology and capital mobility have reduced barriers to entry in many industries, making it easier for new competitors to enter the market. Large investments may have been a significant barrier in the past, but now there are more opportunities for financing and investment.

Many "Old" Barriers to Entry Have Fallen by the Wayside