This essay is going to look at various barriers to competition available to firms specific to the leisure industry. This industry takes a very broad form and so cannot easily be defined. I am going to take it to mean anything to do with leisure from clothing and equipment to stadia and sponsorship. There are many different barriers but the usefulness of each of these to a firm will depend on the individual firms' market …
showed first 75 words of 1665 total

showed last 75 words of 1665 total
…industry are not homogeneous and so many sellers can be present in the market selling similar but not identical products. Bibliography Bain, J.S, (1993) Barriers to New Competition: Their characteristics and consequences, Cambridge, Harvard University Press Geroski, P.G, (2001) Barriers to Entry and Strategic Competition, London, Routledge Pindyck, R.S, Rubinfeld, D.L (2001) Microeconomics, London, Prentice Hall Sloman, J (2000) Economics, London, Prentice Hall Wilson Annual Report, 2000 www.nike.com www.sunsail.com www.firstchoiceuk.com