Computer Science, asked by uditahazra9, 5 months ago

what is vendor lock in ?​

Answers

Answered by vamankrishnatrey
0
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Answered by shaniyathakur177
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.

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