If you reduce the details of the story into the statement "the future of the web will be driven by anti-trust", I'd probably agree. The _present_ of the web is driven by anti-trust, and there's always more consolidation.
Where machine learning, social networks, and advertising have economies of scale, a tolerable future for the web would necessarily involve diseconomies of scale. Personal connection, concierge service, local long-term engagement with communities.