Standardized technology, yes. But when the standard is proprietary
Still is shortsighted. What’s more harmful than no options at all in a market? With the power Chromium already exerts, it’ll lead to that sooner rather than later, and with no competition what incentive does Google have to work user-first technology that doesn’t help their monetary bottom line? Legislation is playing catch-up with technology instead of thinking just a little bit ahead.
In a theoretical free market, that’s what should happen. But anyone who truly believes that a free market necessarily leads to the better options winning out in the end is unimaginably naive. Political interests, power dynamics, sheer dumb luck, etc. play a huge factor in success. Blu-ray won not because it was better, but because the porn industry and the PS4 adopted it. Can’t imagine the whole porn industry sided with one format without there being an incentive for them.