5 ms·
> the aggressive rent-seeking behaviour from Apple Can you clarify what you mean here? I associate the term "rent-seeking" with efforts to manipulate public p
by gwright 6y ago
> the aggressive rent-seeking behaviour from Apple
Can you clarify what you mean here? I associate the term "rent-seeking" with efforts to manipulate public policies in a way that advantages the company specifically over other competitors.
You seem to be talking about an ecosystem "lock-in" approach, which is something different than "rent-seeking".
- vlovich123 6y agoThe Wikipedia definition is probably closest: > rent-seeking means seeking to increase one's share of existing wealth without creating new wealth I think the distinction is probably phrased as seeking to increase one’s share of wealth without providing a commensurate amount of value in return.