4 ms·
You got it backwards, lock-in is a good way to protect a dominant market position by maximizing revenue from an existing, large buyer base. Competitors have no
by yholio 5y ago
You got it backwards, lock-in is a good way to protect a dominant market position by maximizing revenue from an existing, large buyer base. Competitors have no chance to enter because they lack that revenue source, let alone competitors that forgo it completely and front load the price.