“What makes these trends a cause for concern is the growing market concentration in the tech industry. Only one company is selling 50 percent of all online goods. Only one company is a universal social platform. Only one company has a news feed more powerful than the New York Times. And only one company has 98 percent of the search engine market worldwide. Start-ups are on the decline. As the tech industry matures, its power in industry after industry is mushrooming. The top five tech companies now dwarf the market cap of the top seven banks. Penn, Mark (2018-03-20). Microtrends Squared: The New Small Forces Driving the Big Disruptions Today (Kindle Locations 240-244). Simon & Schuster. Kindle Edition. ”
