I think we’re in a real low point right now. Gmail, AMP, Chrome, Android. So many peoples internet experience is from one place. With Amazon dominating retail, and Facebook under its various brands dominating social media, there isn’t much scope for other players. I don’t see another option than breaking theses companies up at this point.
Hollywood was an important leg to establish worldwide cultural hegemony for the US during the 20th century.
With the internet taking over to shaping culture, the US had to adapt. And it did, and again controls most of the important channels that influence culture worldwide.