Intensifying competition from new entrants into businesses that do not require licenses, regulatory approvals or large-scale capital investment | Shared theme
ONE-WAYOngoing theme · still written in the latest filings
Intensifying competition from new entrants into businesses that do not require licenses, regulatory approvals or large-scale capital investment
The risk that competition in profitable businesses will intensify as new entrants increase, because barriers to entry are low as the business requires neither licenses and regulatory approvals nor large-scale capital investment.
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