The business that has a barrier to entry is the United States Postal Service or USPS. Sunk Cost and the Government regulations have created barriers are two to entry into the mail and postal market (Thomas & Maurice, 2010). While private companies have entered into the parcel market, to date no competitors have entered into the USPS mail and letter business.
The federal government has made it against the law for anyone to use a mailbox other than the USPS. However, consumers bear the burden of paying for the mailbox to let the USPS use. According to law tampering with mail or mail boxes is a federal offense and fines and jail time are possible consequences. Furthermore rates for mail are set by a governing body or postal regulatory commission
The federal government has made it against the law for anyone to use a mailbox other than the USPS. However, consumers bear the burden of paying for the mailbox to let the USPS use. According to law tampering with mail or mail boxes is a federal offense and fines and jail time are possible consequences. Furthermore rates for mail are set by a governing body or postal regulatory commission