Answer:
low barriers to entry
Explanation:
Entry barriers can be defined as an economic term used to describe the presence of higher start up costs or any other barriers that actually prevent entrants in entering a market or business region quickly. Restrictions to admission favor established businesses as they safeguard their income and earnings.
Common entry barriers involve specific tax advantages for existing companies, patents, strong brand identity or customer loyalty and high cost of customer switching. Others include the need to obtain proper licences or regulatory approval prior to activity by new companies.
