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Therefore rivalry among existing competitors was a minimal force and did not affect tertiary education in 1853.
In order to found a university in 1853, large amounts of capital, competent staff and board, strong demand, land, and permission/legislation from the government in charge were all required. All these factors made the threat of new entrants very low, this was demonstrated by zero competition until 1910 with establishment of education act that bought about an influx of TAFE and technical colleges. Thus, the threat of new entrants was low and had a negligible effect on tertiary education...
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