Market Entry Control

Market Entry Control involves regulations and procedures that governments use to monitor and manage the introduction of new products, services, or businesses into a market. Its purpose is to ensure safety, fair competition, and compliance with laws, while protecting consumers and existing industries. This can include licensing requirements, quality standards, or approval processes that a company must go through before selling or operating in a particular market. Essentially, it acts as a gatekeeper to regulate how new entrants participate, fostering a balanced and secure economic environment.