[tokai]

This is exactly what happened last time when scientific publishing got cornered. Journals run by departments and research groups were spun out or sold off to publishers and independent orgs. And they continued to slowly boil the frog over 50 years with fees and gate keeping.

Its especially problematic because while ArXiv love to claim to be working for open science, they don't default to open licensing. Much of the publications they host are not Open Access, and are only read access. So there is definitely the potential to close things off at some point in the future, when some CEO need to increase value.