Answer:
a barrier to entry known as economies of scale.
Explanation:
Intel is a near monopoly since it controls 99% of the server chip market. One of the major barriers to entry is economies of scale. Intel is able to produce server chips at a very low average total cost because they can spread large initial capital or development costs over a huge number of output units.
Intel can produce their chips at a much lower cost than their competition, therefore other companies like Advanced Micro Devices (AMD) cannot be considered competition at least in this market.
