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The risky and uncertain industry outlook (which is likely to discourage new entrants).

User PushNpop
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1 Answer

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under this circumtance, Entry threats are considered to be generally weaker.
The risky and uncertain outlook, the market will be dominated by the old-timer of the industry members.
The old-timers wouldn't need to be afraid of the new entrants that came and disrupt the equilibrium under such circumtance
User Lynden
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