Rising Tide Rents and Robber Baron Rents
O'Reilly Media - Ideas
APRIL 23, 2024
The answer can be found in the theory of economic rents, and in particular, in the kinds of rents that are collected by companies during different stages of the technology business cycle. Now a typical page of Amazon product search results consists of 16 ads and only four organic results. The market was maturing.
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