A depressingly accurate description for most AAA publishers these days.
Not that this is really new, but thanks to MTX it's been pretty much-raining money for them, massively rewarding them for these anti-consumer methods.
By now stuff that used to be reserved to F2P skinnerware, has slowly been creeping its way into full-priced games as "extra" monetization.
Add Google Stadia, with every big name in gaming following the trail, and people won't even be owning the hardware the game is running on anymore. It's all quite dystopian..