Học từ vựng | Vocabulary learning |barrier to entry


barrier to entry (n)

/ˌbæriə tʊ ˈentri//ˌbæriə tʊ ˈentri/

any factor which prevents new competition from entering a market

hàng rào cản nhập (ngăn cản sự xâm nhập một thị trường)

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High startup costs and complex regulations can be significant barriers to entry for small businesses trying to enter the market.
The exclusive licensing agreements with major film studios create a high barrier to entry for new streaming platforms hoping to compete in the entertainment industry.
In the technology sector, the need for specialized skills and intellectual property rights can act as barriers to entry for new companies looking to innovate and compete with established players.
The pharmaceutical industry is characterized by stringent patent protection, creating a significant barrier to entry for generic drug manufacturers.
The presence of well-established brands with loyal customer bases can serve as a barrier to entry for new companies trying to enter the consumer goods market.
In the airline industry, high capital costs, including the purchase of aircraft and airport slots, represent a substantial barrier to entry for new airlines looking to compete with established carriers.

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