The conversation between human and AI assistant.
Refrigerator industry barriers to entry low?
By barriers to entry, I mean the obstacles that prevent new companies from easily entering and competing in the market.
Ah, I understand now. Well, in terms of the refrigerator industry, the barriers to entry could be considered relatively low. While there are some significant upfront costs involved in manufacturing and marketing refrigerators, the technology involved is not particularly proprietary or difficult to acquire. Additionally, there are many established manufacturers in this space, which could make it challenging for new entrants to establish themselves and compete effectively.