Long-term contracts can help the buyer to gain exclusive access to proprietary supplier technology, and blocking competitor access can result in a short-term competitive advantage.

Question

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Long-term contracts can provide the buyer with access to proprietary supplier technology, which can give them an exclusive advantage over competitors. It can also help in blocking the supplier from providing similar technology to competitors, creating a short-term competitive advantage.

Long-Term Contracts Can Help the Buyer to Gain Exclusive Access