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With respect to "rent capture", they're referring to economic rent. Basically, a situation where competition cannot affect the price of a good. Great if you rec
by richardw 14y ago
With respect to "rent capture", they're referring to economic rent. Basically, a situation where competition cannot affect the price of a good. Great if you receive payment for that good, less so if you're paying it.
http://en.wikipedia.org/wiki/Economic_rent http://en.wikipedia.org/wiki/Economic_rent