The conversation between human and AI assistant.
Refrigerator industry barriers to entry low?
What about potential regulations or government policies that could restrict entry into the market?
Yes, regulatory and policy factors can certainly impact a company's ability to enter and compete in the market. For example, if new regulations were introduced that increased the cost of manufacturing refrigerators or placed restrictions on the use of certain materials, this could make it difficult for new companies to enter the market. On the other hand, regulations that promote competition and innovation could make it easier for new entrants to establish themselves.