Barriers
Barriers to entry can be access to capital, distribution channels, raw materials, or human talent. Barriers could also be
government regulations, customer loyalty, sticky features (making it hard to leave one product for another), or market domination by one or two major players. Barriers to exit could be massive investment and nontransferable fixed assets, contract requirements with suppliers, or government requirements (e.g. a company receives major tax breaks from a state government to employ a certain number of people from that state). Another barrier would be that the costs of leaving a market are higher than those incurred to continue competing in the market.