Earlier quoted context omitted.
Among other things, they remove competition.
Where and how? Removing competition among distributors? media producers? manufacturers? The only place where I could see it reduce competition is manufacturers sure, but why would media producers want to reduce competition there? I think it's media producers refusing to accept they can't stop pirating and manufacturers making use of that to sell them stuff. In the end it's only the manufacturers who make money from D…
Remove competition among distributors because media producers can refuse giving permission to distribute their media without agreeing to whatever terms they impose.
Remove competition among media distributors by creating silos of content where you can't find one or another title. Today, if you want to have reasonable access to media, you'll have to sign more than one stream service; compare this to how you could go to a rental store 15 years ago and choose media from many different producers.