They are monopolies. This is not a new problem. The remedy is that we should tax non-reproducible privilege and/or regulate them if we cannot get rid of their existence.
Georgism is a good framework for analyzing monopolies and other non-reproducible privilege. While the internet wasn't around in the 19th century, it seems the closest to diagnosing the ill of "late-stage capitalism", problems that Henry George had experienced in his lifetime.
Georgism is a good framework for analyzing monopolies and other non-reproducible privilege. While the internet wasn't around in the 19th century, it seems the closest to diagnosing the ill of "late-stage capitalism", problems that Henry George had experienced in his lifetime.