what is vendor lock in ?
Answers
Answered by
0
Sorry for my answer but Brainliest me please please I also follow you
Answered by
0
Answer:
In economics, vendor lock-in, also known as proprietary lock-in or customer lock-in, makes a customer dependent on a vendor for products and services, unable to use another vendor without substantial switching costs. Lock-in costs that create barriers to market entry may result in antitrust action against a monopoly.
Similar questions
Computer Science,
4 months ago
English,
4 months ago
Social Sciences,
4 months ago
Math,
9 months ago
Physics,
9 months ago
Environmental Sciences,
1 year ago
English,
1 year ago
Math,
1 year ago