{"id":3022,"date":"2011-02-04T15:53:19","date_gmt":"2011-02-04T20:53:19","guid":{"rendered":"http:\/\/mjtsai.com\/blog\/?p=3022"},"modified":"2011-02-04T15:53:35","modified_gmt":"2011-02-04T20:53:35","slug":"in-app-purchase-and-rent-seeking","status":"publish","type":"post","link":"https:\/\/mjtsai.com\/blog\/2011\/02\/04\/in-app-purchase-and-rent-seeking\/","title":{"rendered":"In-App Purchase and Rent-Seeking"},"content":{"rendered":"<p><a href=\"http:\/\/www.subfurther.com\/blog\/2011\/02\/01\/in-app-purchase-and-rent-seeking\/\">Chris Adamson<\/a> on the news that <a href=\"http:\/\/mjtsai.com\/blog\/2011\/01\/31\/1984\/\">news<\/a> that &ldquo;if an app offers customers the ability to purchase books outside of the app, that the same option is also available to customers from within the app with in-app purchase&rdquo;:<\/p>\n<blockquote cite=\"http:\/\/www.subfurther.com\/blog\/2011\/02\/01\/in-app-purchase-and-rent-seeking\/\"><p>What Apple seeks to collect is <a href=\"http:\/\/en.wikipedia.org\/wiki\/Economic_rent\">rent<\/a>, specifically monopoly rent, the ability to extract excess payments not as a consequence of a mutually-beneficial trade, but because it owns the damn store and it sets the damn rules.<\/p><\/blockquote>\n<p><a href=\"http:\/\/www.macworld.com\/article\/157585\/2011\/02\/inapppurchase.html\">Jason Snell<\/a> has a good article exploring the possible consequences of this &ldquo;announcement.&rdquo;<\/p>","protected":false},"excerpt":{"rendered":"<p>Chris Adamson on the news that news that &ldquo;if an app offers customers the ability to purchase books outside of the app, that the same option is also available to customers from within the app with in-app purchase&rdquo;: What Apple seeks to collect is rent, specifically monopoly rent, the ability to extract excess payments not [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":"\"\"","apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-3022","post","type-post","status-publish","format-standard","hentry","category-technology"],"apple_news_notices":[],"_links":{"self":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts\/3022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/comments?post=3022"}],"version-history":[{"count":3,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts\/3022\/revisions"}],"predecessor-version":[{"id":3025,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts\/3022\/revisions\/3025"}],"wp:attachment":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/media?parent=3022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/categories?post=3022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/tags?post=3022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}