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Re:Renting Horsepower by r00fus on Thursday May 04, 2023 @02:17PM (#35819816)
> That's exactly the opposite of rent seeking.

Untrue. They aren't monopoly rents but they are rents. Can you get better performance from your Mercedes EV through another provider? No? It's rent.

Re:Renting Horsepower by ajross on Thursday May 04, 2023 @02:22PM (#35819914)
> Can you get better performance from your Mercedes EV through another provider? No?

No, but you can sell it and buy a Tesla. Having more features is just "selling a better product". By that standard any optional feature on a market-leading product is "rent-seeking", and that's silly. Is the App Store rent seeking? Is selling junk on Fortnite rent seeking?

No, that's just "selling products". Rent seeking is a specific form of market distortion, and the concept just doesn't apply to consumer products. It's about stuff like real estate control or regulatory capture. As always Wikipedia has a great page: https://en.wikipedia.org/wiki/Rent-seeking

Re:Renting Horsepower by sleepybrett on Thursday May 04, 2023 @02:32PM (#35820035)
Tesla does the same fucking thing.
Re:Renting Horsepower by r00fus on Thursday May 04, 2023 @02:38PM (#35820134)
One of the reasons I didn't buy a Tesla. Though to be clear with Tesla it's not a never-ending sub, it's a flat fee and transferrable.
Re:Renting Horsepower by owisd on Thursday May 04, 2023 @02:31PM (#35820030)
For optional features it’s rent seeking if they’re charging much higher margins for the optional extras than for the base product.