The oceans are pretty big though. Adding more cables right now isn’t a heavily constrained space. So yeah you have some giants laying their own. However, I don’t think that more privately owned links is necessarily a sign of power concentration, rather a symptom of it perhaps. You have these giants leveraging economies of scale to gain an advantage, and it’s not necessarily something a non-giant couldn’t do themselves if they were motivated enough. Example, if Meta didn’t own and operate Facebook, Instagram, and WhatsApp (i.e. regulators force the split of their social media platforms) they could conceivably still lay these new cables.
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The oceans are pretty big though. Adding more cables right now isn’t a heavily constrained space. So yeah you have some giants laying their own. However, I don’t think that more privately owned links is necessarily a sign of power concentration, rather a symptom of it perhaps. You have these giants leveraging economies of scale to gain an advantage, and it’s not necessarily something a non-giant couldn’t do themselves if they were motivated enough. Example, if Meta didn’t own and operate Facebook, Instagram, and WhatsApp (i.e. regulators force the split of their social media platforms) they could conceivably still lay these new cables.