This analysis indicates that the open access market falls some way short of a ‘perfect’ market, but does not (yet) suffer from the most uncompetitive characteristics of the paywalled market. . . . It remains possible that market forces may prove more effective in shaping a healthy and diverse OA market than they have been in the paywalled market. For example, the involvement of authors in payment workflows may make them more sensitive to the prices they pay. Competition in the market could also increase as OA publishers increasingly come to be viewed as service providers rather than content owners. However, there are a number of indications that the open access market is becoming less healthy and less diverse over time.
https://doi.org/10.5281/zenodo.5497891
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