Market Consolidation and Scholarly Communications

For the past decade or more, a trend has been observed in the scholarly communications ecosystem toward market consolidation, with fewer companies owning increasing shares of the market. A study by Data Think estimated that, in 2021, very large publishers (those with more than 500 journals) accounted for only 0.06% of the publishers in their study but published nearly half—47%—of all articles (Pollock 2022). This increasing market consolidation has raised concerns in the open scholarship community and in the broader academic community.