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by pas 1029 days ago
the term is coined by Cory Doctorow, pointing out that big ecommerce middlemen, usually platforms have outsized pricing power (because they are in their quasi-oligopoly due to network effects). and as a consequence of the relative business success of these platfors nowadays "almost everyone" tries to become one, transform their business into something that might become one, try to replicate the shitty business methods