Many biologic drug manufacturers are pushing for patent protection to be extended to 12 years before generics are allowed to be introduced to the market.This reflects which of the following barriers to entry?

Question

Quizplus · Accepted Answer

The extension of patent protection by the government creates a barrier to entry for generic drug manufacturers, as they cannot legally produce and sell similar products for a longer period of time. This is an example of entry blocked by government action.

Many Biologic Drug Manufacturers Are Pushing for Patent Protection to Be