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单词 strategic entry deterrence
释义 strategic entry deterrence

Actions undertaken by a firm to deter competitors from entering their markets. Such actions could include making large investments of sunk capital, which make it unlikely that rivals could drive it out, or offering long-term low-price contracts to customers. For any given entry decisions by rivals, these policies do not maximize profits, but they may pay because they serve to discourage entry.

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更新时间:2024/9/21 10:45:35