A situation where a company creates conditions making it difficult for other firms to enter a market is known as:

Question

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A barrier to entry is a situation where an established company creates conditions that make it difficult for other firms to enter a market. This could be due to high costs of entry, such as in industries with significant research and development costs or high regulatory requirements, or due to strong brand recognition or patents held by the established company.

A Situation Where a Company Creates Conditions Making It Difficult