Re:Apple blocked Facebook's attempt to tell users about 30% ...
by verroq on Saturday August 29, 2020 @01:25PM
(#24317740)
It’s standard rhetoric at this point. It is pretty appropriate for this kind of rent-seeking.
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Re:Apple blocked Facebook's attempt to tell users about 30% ...
by sokoloff on Saturday August 29, 2020 @02:00PM
(#24318087)
IMO, this is not (economically-speaking) rent-seeking.
Apple has created something that improved the world (that created new wealth) and is charging for it. That’s definitionally not rent-seeking.
Re:Apple blocked Facebook's attempt to tell users about 30% ...
by jsnell on Saturday August 29, 2020 @02:18PM
(#24318209)
Apple indeed created new wealth by developing iOS and the App Store. Then, once they owned the market, they started exploiting it by adding new restrictions. The restrictions had no economic value, they're simply there to allow Apple to extract their unfair share of the value created by others.