Efficient Scale
Also known as: Natural Monopoly; Limited Market Size; Geographic Monopoly
Operate in a market so limited in size that it only supports a small number of competitors, deterring new entrants who would destroy returns for everyone.
Also known as: Natural Monopoly; Limited Market Size; Geographic Monopoly
Operate in a market so limited in size that it only supports a small number of competitors, deterring new entrants who would destroy returns for everyone.