Farrell, Joseph; Klemperer, Paul - In: Handbook of industrial organization : volume 3, (pp. 1967-2072). 2007
, it later “tips” to monopoly, after which entry is hard, often even too hard given incompatibility. And while switching … costs can encourage small-scale entry, they discourage sellers from raiding one another's existing customers, and so also … discourage more aggressive entry. Because of these competitive effects, even inefficient incompatible competition is often more …
