Enshittification, also known as platform decay, is the pattern of decreasing quality of online platforms that act as two-sided markets. Enshittification can be seen as a form of rent-seeking [Rent-seeking]. Examples of alleged enshittification have included Amazon, Bandcamp, Facebook, Google Search, Quora, Reddit, and Twitter.

(“Enshittification” 2023)

A form of Rent-seeking.

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References

“Enshittification.” 2023. Wikipedia, October. https://en.wikipedia.org/w/index.php?title=Enshittification&oldid=1182727022.