Question: QUESTION 4 Cooperating with competitors a . results in the creation of several new formats, thus intensifying format wars. b . reduces competition in the
QUESTION
Cooperating with competitors
a results in the creation of several new formats, thus intensifying format wars.
b reduces competition in the market.
c creates confusion among customers and often leads them to delay their purchases.
d helps lower the entry barriers of the industry, thus allowing new entrants to bring in their own formats.
e curbs network effects by discouraging complementary products.
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