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A comment on Uber discovered they’d been defrauded out of 2/3 of their ad spend. Parent comment

Re:Uber discovered they’d been defrauded out of 2/3 of their... by treis on Sunday January 03, 2021 @06:30PM (#25626317)
The rent seeking is buying up competitors until its a duopoly and then protecting that through shenanigans like exclusive agreements. It has nothing to do with consumer demand.
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Re:Uber discovered they’d been defrauded out of 2/3 of their... by ksec on Monday January 04, 2021 @07:58AM (#25630714)
Buying up competitor does not immediately make it a monopoly or duopoly. Especially in industry where barrier of entry are low.

Exclusive / Special agreement with serving only one kind of Soda ( or no Pepsi where there is Coke ) are Anti-Competitive arrangement. Not Rent Seeking.

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