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The title "rent-seeking" is deceptive. I'd call it "clickbait" but my preferred term "illegal collusion" also draws clicks and is more accurate. Sharing your o
by AlbertCory 4y ago
The title "rent-seeking" is deceptive. I'd call it "clickbait" but my preferred term "illegal collusion" also draws clicks and is more accurate.
Sharing your own negotiated prices may or may not be legal, but it's often bad manners at the very least and damages your business relationships.
My submission today "Culture at Google: Part One, the Movies" deliberately does not say how much I paid for PPRs, because I was asked not to tell other distributors that.
- braingenious 4y agoThe title is “rent-setting” not “rent-seeking.” This is accurate because the software is literally used to set rental prices.
- AlbertCory 4y agoOops. You're right. Sorry.