Oculus VR’s cross-buy strategy main goal: Facebook platform lock-in

Facebook is on the path to platform lock-in with Oculus Quest. In case you are unfamiliar with the concept, “customer lock-in” is an economics idea that “makes a customer dependent on a vendor for products and services, unable to use another vendor without substantial switching costs.” With the standalone Oculus Quest, Facebook is funding Oculus Studios projects for both Oculus Quest […]


EU may probe Apple Pay over iPhone NFC lock-in — if anyone complains

(Reuters) — EU regulators looked into Apple’s mobile payment service and found it was not market dominant but they could review it again if they receive formal complaints, Europe’s antitrust chief said on Monday. In an interview with Reuters, European Competition Commissioner Margrethe Vestager also signaled that Google and Amazon would remain very much on […]