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by franciscop
564 days ago
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Rent seeking is NOT the same as renting, otherwise we would not need a new word for it. Rent seeking is particularly abusing the ownership position or power to obtain rent, not just rent: > "Rent seeking: the fact or practice of manipulating public policy or economic conditions as a strategy for increasing profits." |
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A simple test:
Would all of FolioHD's domains being rented benefit their business or not?
They are subsidizing the cost of buying those 900 domains into their overall pricing as a line item.
Now the registrar is trying to push out squatters. Sounds like the housing and renting markets. Insert surprise Pikachu face.