In addition, the business has high barriers to entry. It takes time to build a good name; luxury is capital intensive; and about 70% of new brands fail.
此外，奢侈品行业入门槛颇高，并需要高度密集的资金；同时树立品牌耗时长，约70%的新品牌以失败告终。
These businesses require lots of technology, they have high barriers to entry, and they are capital-intensive.
这些生意要求很高的技术，准入门槛也高，而且是资金密集型行业。
On the contrary, if there are high barriers to entry and low contestability, incumbents will always abuse their market power and incur some kinds of efficiency losses.
如果市场进入壁垒很高，市场可竞争程度很低，在位厂商可以免受竞争的压力，因而往往滥用市场势力，造成种种效率损失。
Note that it is far easier to create a monopoly or near monopoly of tobacco or coffee due to the high barriers to entry in producing those goods.
注意，在烟草和咖啡上更容易创造垄断，因为这两种商品有较高生产门槛。
Because of the low barriers to entry, the high degree of homogeneity of the industry and low profit margins, Feed processing enterprises would have to choose the low-cost competitive strategy.
饲料行业具有进入门槛过低，产品同质化程度高以及行业利润率低等特点，这些特点决定了饲料企业应该选择低成本的竞争战略。
Because of the low barriers to entry, the high degree of homogeneity of the industry and low profit margins, Feed processing enterprises would have to choose the low-cost competitive strategy.
饲料行业具有进入门槛过低，产品同质化程度高以及行业利润率低等特点，这些特点决定了饲料企业应该选择低成本的竞争战略。
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