There are significant technological barriers to entry that help make the automobile industry oligopolistic.

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The automobile industry has significant technological barriers to entry due to the high costs of research and development, creating economies of scale that are difficult for new competitors to match. Additionally, established car manufacturers also have patents and proprietary technology that make it difficult for new entrants to replicate their products. These factors contribute to the industry being dominated by a few large players, creating an oligopolistic market structure.

There Are Significant Technological Barriers to Entry That Help Make