High barriers to entry are generally found in:

Question

Quizplus · Accepted Answer

High barriers to entry are typically found in markets that are monopolistic or oligopolistic. In a monopolistic market, a company has a unique product that has no close substitutes, and therefore, no other company can enter or compete without creating a new product. Oligopolies have a few dominant firms that control the majority of the market, making it difficult for new firms to enter and gain market share.

High Barriers to Entry Are Generally Found In