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Additional
Proprietary lock-in
English Wikipedia - The Free Encyclopedia
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Vendor lock-in
In
economics
,
vendor lock-in
, also known as
proprietary lock-in
or
customer lock-in
, makes a customer dependent on a
vendor
for
product
s and
services
, unable to use another vendor without substantial
switching costs
. Lock-in costs which create
barriers to market entry
may result in
antitrust
action against a
monopoly
.
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