> But you're also saying without that protection, the market would be more consolidated. I read it as 'the market wouldn't exist at all'. The margins would eit

> But you're also saying without that protection, the market would be more consolidated. I read it as 'the market wouldn't exist at all'. The margins would either be a lot thinner, allowing less experimentation and players or not exist. YouTube might be paid like Vimeo, social networks might be a lot smaller (say school or town level), and live-streaming for private individuals might not exist at all.