Rent-seeking practices are not the same as a traditional Rent or Lease arrangement. They get the term because instead of buying a product that you know own and

Rent-seeking practices are not the same as a traditional Rent or Lease arrangement. They get the term because instead of buying a product that you know own and can do with as you wish, they still maintain control as if you were a renter. A topical example is consumer electronics companies designing devices to only last so long and actively suppressing the after market through DRM, difficult or dangerous to repair designs, restricting owner autonomy through software patents and IP law and other methods to ensure you must come back to them and purchase another one. Another more direct example is the slow conversion of all paid as a product software into subscription services. You can't buy the adobe suite anymore. You have to subscribe to it. Sooner or later you wont be able to buy your operating system either.