You need to be completely out of touch with reality to read an article on 5 companies dominating a global market and your take from that info is that there are no anticompetitive practices because 5 is more than 1.
You don't care. That's fine. It's not like there is a retirement to be informed before commenting. Sit this one out and let everyone who do express their concerns.
This seems to rest on the mistaken belief that a corollary of monopolies being bad is that more competition is always better than less competition. If everyone was a competitor in the restaurant food delivery market we'd all starve to death as no one would be growing food. An efficient economy wouldn't waste resources competing over less important things like restaurant food delivery over something more beneficial.
Is it, though? I mean, can you present a coherent argument supporting the idea that a global market being dominated by 5 multinational corporations does not flag a risk of anticompetitive practices?
> Competition? Meh. What for? So that I can watch the smaller guys blunder their way to the top?
Is this what you have to offer to refute the idea you're completely out of touch?
If by coherent you mean "using only facts and opinions that I accept at face value within my world view" then no.
Personally, I think 5 is way too little. But there are probably some markets for various products and services where 5 is fine. I don't think the number matters so much as that there be potential for a long tail of upstarts who could potentially displace a big player quickly. Whether 95% of the market is captured 2 or 22 players doesn't matter, they gotta know that someone is waiting to take their place if they screw up.