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10-24 One advantage of RiskMetrics over back simulation is that RiskMetrics provides a worst case scenario value.
Patents and Licenses
Legal mechanisms that grant inventors exclusive rights to their inventions, and permissions required to engage in certain activities or businesses.
Barrier to Entry
Economic, procedural, regulatory, or technological conditions that obstruct or restrict new competitors from easily entering an industry or area of business.
Near Monopolies
Near monopolies refer to markets where one or a few companies dominate, significantly limiting competition.
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Legal permits granted by an authority, allowing individuals or companies to carry out certain activities or businesses that would otherwise be unlawful.
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