Ben Thompson:

That Google, Facebook, Amazon, and other platforms are as powerful as they are is not due to their having acted illegally but rather to the fundamental nature of the Internet and the way it has reorganized value chains in industry after industry.

Moreover, these platforms have far more positive outcomes than distribution-based monopolies ever did: the consumer experience is better, and there are huge new opportunities to build new businesses (especially serving niches completely ignored in a distribution-based world) on top of them. That is a good thing, worth preserving.

It’s always refreshing when Ben pontificates in a lengthy piece exactly how I’ve felt about something. The mantra that monopolies are inherently, categorically evil is less persuasive in the era of Internet companies and economics. Times are changing. It’s exciting.