Examlex
Who was acquitted of charges for their work at Tyco?
Barriers To Entry
Obstacles that make it difficult for new firms to enter a market, such as high initial investment, licensing requirements, and access to technology.
Patents
Legal documents granting an inventor exclusive rights to their invention, preventing others from making, using, or selling the invention for a certain period of time.
Pharmaceutical Companies
Organizations dedicated to developing, producing, and marketing drugs or pharmaceuticals licensed for use as medications.
Monopoly Position
A situation in which a single company or entity has exclusive control over a particular market or industry, eliminating competition.
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