Category: negative profit

End of Barriers, Part 4

Holly Hosford-Dunn Audio Devices / Audiology / Barriers to entry and exit / Big 6 / economic definition / forward integration / Hearing Aid Manufacturers / Hearing aids / incumbents / legal barriers / Market Power / Monopoly Power / natural monopoly / negative profit / Price Maker / regulatory barriers / Samsung Electronics Co. / strategic barriers

This is the almost-final Econ 202 post on barriers that exist in the US hearing aid manufacturing and delivery system.1   Parts 1,  2 and 3 addressed regulatory requirements that discourage new entrants; legal and economic definitions of barrier to industry entry/exit; structural and strategic barriers in the hearing aid industry; and specific strategic barriers used by incumbent manufacturers in their…

Read More