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Media scholar Jonathan Taplin, author of the new book Move Fast and Break Things, on the rent-seeking and regulatory capture of digital platforms. In 2014, Silicon Valley venture capitalist Peter Thiel famously proclaimed that “competition is for losers” in an essay published in the Wall Street Journal and in his book (also published in 2014) Zero to One. “If you want to create and capture lasting value, look to build a monopoly,” he advised entrepreneurs, expounding on his view that monopolies are good for innovation and, ultimately, for society at large. Thiel’s proclamation has received a lot …