Earlier quoted context omitted.
Then it’s a good thing no one has monopolized distributing videos across the internet.
The 2nd biggest video sharing website has 10x lower reach and no ad network. I'm curious to know what counts as a monopoly if not that. The network effect has been good to google.
You wrote:
> Or as if monopolizing a distribution channel allows you to charge rents way in excess of your costs.
Defining “distribution channel” as a single company’s website rather than the internet would make “distribution channel” meaningless in the context of this discussion.
It’s trivial to distribute a video with anyone all over the world in this day and age. It’s not trivial to make money from it.
Google might have a monopoly on the mechanism that can be used to make money from videos, but that’s a different discussion than having a monopoly on distributing video.