Why would you have an advantage in a market where you have a technical standard?
A) products that conform to the standard can be sold at a premium
B) suppliers have to conform to the standard
C) competitors will have to adopt your technology
D) all of the above

Question

Quizplus · Accepted Answer

Having a technical standard can allow you to sell products at a premium, require suppliers to conform to your standard, and force competitors to adopt your technology, giving you a competitive edge.

Why Would You Have an Advantage in a Market Where