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From Wikipedia:

> Rent-seeking implies extraction of uncompensated value from others without making any contribution to productivity.

I think the rent seeking comment was about removing the option for (free) Dropbox sync and only supporting the subscription-based plan. They are asking for more money for less product.



That's out of context, which the preceding sentence establishes:

>by manipulating the social or political environment in which economic activities occur, rather than by creating new wealth.

Otherwise simply raising the price on something would be rent seeking.


It's rent seeking because users can't buy the old version with more flexible sync options due to the monopoly granted to the 1Password by copyright.

Raising the price of something certainly can be considered rent seeking.

For example: https://pnhp.org/news/rent-seeking-by-drug-barons/




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