4/ Historical footnote. In 2002 the UK Office of Fair Trading ( #OFT) reviewed complaints about #BigDeals and other #anticompetitive practices in academic #publishing. It found market distortions but decided 𝘯𝘰𝘵 to act — because of the then-recent rise of #OpenAccess. "It is too early to assess what will be the impact of this [digital publishing & access] but there is a possibility that it will be a powerful restraint on exploiting positional advantage in the STM journals market."
http://web.archive.org/web/20051025123345/www.oft.gov.uk/NR/rdonlyres/A56C7602-C0BD-428D-BED2-36784363243B/0/oft396.pdf