Barriers to Entry and Market Power
- A-Level, IB
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 20 Nov 2020
In this revision video we analyse and evaluate examples of entry barriers in imperfectly competitive markets.
Barriers to entry are strategies designed to block potential entrants from entering a market profitably.
Barriers to entry seek to protect market power of existing firms and maintain supernormal profits and increase producer surplus.