Why Barriers to Entry are Barriers to Understanding
12 Pages Posted: 31 May 2011 Last revised: 27 Dec 2011
Date Written: June 2004
This paper discusses and criticizes the usual definitions of barriers to entry. The failure of the concept of barrier to entry to incorporate a time dimension means that it is a concept that is in need of additional embellishment in order to be useful in a practical problem or for antitrust or regulatory proceedings.
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