barriers to entry
/ˈbærɪərz tu ˈɛntri/ · bar·ri·ers to en·try
noun
- Obstacles or impediments that prevent individuals or organizations from entering a particular market, industry, or profession. The high cost of starting a business in the tech industry is a significant barrier to entry for many entrepreneurs.
- Challenges or difficulties that make it hard for people to access a particular service, product, or opportunity. The lack of affordable housing in the city is a major barrier to entry for low-income families.
Synonyms
obstacleshindrancesobstructionschallengesdifficultiesimpedimentsobstacles to participationentry barriers
Antonyms
Did you know? The concept of barriers to entry has been studied extensively in the field of economics, particularly in the context of monopolies and anti-competitive practices.