[marbro]

This bubble is caused by excess competition. There are 4 large companies who believe that a large new market is being created so each is investing large amounts without any evidence that there will be a single winner that dominates the future market. None of these companies has anything remotely resembling a monopoly except for Amazon in online retail.

[griffzhowl]

Google: search, chrome, youtube

Microsoft: desktop software

Meta: social media

Maybe on some technical definitions of "monopoly" these aren't monopolies, but nothing remotely resembling a monopoly? come on maan

[zigzag312]

Monopolies being bad for free markets is a simplification. Substantial control over the market would be more accurate description of the issue.