Take electric tools. If I have a Milwaukee setup (lawn mower,leaf blower etc) and I buy a new drill. If I want to use the batteries I currently have I’ll have to get a Milwaukee drill.
Yes this is good business, but not all industries do this. Why?
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It is hard to get companies to work together much less adopt a standard. It has to be something that benefits the company that is adopting the standard. Making a standard benefit anyone other than consumers is hard.
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