
When Amazon bought Twitch, the story was that the new conglomerate would be more efficient and that would benefit everyone – streamers and audiences. That’s the story we hear about every anticompetitive merger, and it’s always a lie.
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In Chokepoint Capitalism, scholar Rebecca Giblin and writer and activist Cory Doctorow argue we’re in a new era of “chokepoint capitalism,” with exploitative businesses creating insurmountable barriers to competition that enable them to capture value that should rightfully go to others.

When Amazon bought Twitch, the story was that the new conglomerate would be more efficient and that would benefit everyone – streamers and audiences. That’s the story we hear about every anticompetitive merger, and it’s always a lie.
more