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Because it enables/sells the rest of their ecosystem and right now they are in a position where they are just rent seeking on their market position.
by moonchrome 5y ago
Because it enables/sells the rest of their ecosystem and right now they are in a position where they are just rent seeking on their market position.
- gruez 5y ago>they are just rent seeking on their market position. No, they're providing a service and charging for it, just like anyone else.
- TheCoelacanth 5y agoWhat "service" are they providing? Not stopping you from using someone else's payment processor?
- moonchrome 5y agoNo, they are providing exclusive service because they own the platform. If competition was allowed their insane margins would go away. Microsoft got fined for IE and this is milking it way worse.