I can't find any way to interpret this excerpt such that it makes sense.
How does anyone have "monopoly control over fact checking"?
And I also can't think of a way to favorably interpret that statement, given that I consider fact-checking to be an integral component of any information dissemination system.
Like many of Ben Thompson's articles, I find his ideas here compelling, but I also find myself feeling like he's an industry apologist and it clouds his thinking/makes him myopic.