Barrier to entry
This is an old revision of this page, as edited by Human (talk | contribs) at 01:10, May 6, 2007. It may differ significantly from current revision.
In trade economics, a barrier to entry is an insurmountable obstacle to entering a market.
It may be that the cost of developing a product for that market can never be recouped. It can also be that the existing sellers in that market have defined the terms of what a product should be in such a way that no other company can create such a product.