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We study the role that switching costs, compatibility, and mergers and acquisitions, play in influencing the evolution … of the existing markets and exploit switching costs and compatibility to enter a new market when it opens. Mergers and …
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, and to balance interests. The paper thus suggests (1) a plea for compatibility instead of commonality - with regard to … uniformity, but the compatibility of views, and in particular, practices. It concerns the coordination and combination of the …
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