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By the normal definition companies running a matching service or a platform for advertisers aren't engaged in rent seeking because they're providing a service.
by gozur88 11y ago
By the normal definition companies running a matching service or a platform for advertisers aren't engaged in rent seeking because they're providing a service.
- ChuckMcM 11y agoMy definition is that you are constrained from providing the service unless you pay a third party as rent seeking. If an Uber driver could offer someone a ride and they could accept and pay for it without paying Uber a commission (who has a no participation in that transaction at all) then I would agree it isn't a rent, however they use the lock in of the payment service to extract a rent whether or not they provide the matching service.