I find it weird that nobody is seeing this in tech.
The automovotive market used to have garage based startups a long time ago. It used to have fierce competition and workers could get pay raises without unions.
Then gradually everything fell under 3 big companies, workers fought the concentration of market power by unionizing (and lost) and for decades there was just the big 3.
It's not even a question of if or even who tech will consolidate under any more - it will be someone who is currwently a household name. It is when.