The name is silly, but the concept is spot-on

http://ace.mu.nu/archives/384914.php

“The 21st Century method of left wing tyranny now being implemented by American leftists cannot be described as communism or socialism any longer. Instead we have an emerging “authorigopoly” – authoritarianism exercised by an oligopoly/cartel of monopoly businesses, loyal to the agenda of the unelected permanent left wing government bureaucracy, and supported by virtually every non-governmental institution in the country. While it’s not technically accurate to label publically-traded for-profit businesses as “socialist”, there is no doubt that our monster tech companies are actively leftist, and not just in philosophy, they are active enforcers of left-wing ideology. What is so terrifying about the authorigopoly is that it has the power to silence speech and opinions in a manner the left has always dreamed of, without having to openly nullify the 1st Amendment and that pesky Bill of Rights. In effect, by aligning with monster tech, the left has outsourced its tyranny to a cartel of monopoly businesses who have the power to veto any individual’s participation in modern society.

One prominent fissure among “Trump conservatives” and “#NeverTrump conservatives” is that virtually all of the legacy conservative media supports the right of monster tech companies to use their monopoly powers to suppress speech and to punish dissenters via de-platforming. To those of us conservatives who used to read National Review and the Wall Street Journal, we are shocked to now read that those publications are actively hostile to liberty so long as the left-wing ruling class can outsource our subjugation to private entities. Monster tech is a cartel of monopolies, and they control the 21st century digital utilities. It would have been unthinkable in the 20th century for private telephone monopolies to listen to phone calls and suspend service to those engaged in wrongthink, but the American left – and legacy conservative media – have now actively embraced cancel culture. They support the tech monopolies’ right to ban access to modern digital utilities for any individual who dares to voice the wrong opinion.

So, can’t I just go start my own tech business if I don’t like being censored and de-platformed by existing companies? No, I can’t. When a Twitter competitor started to gain some traction, both Google and Apple banished it from their software and mobile devices, allegedly because it attracted some people with unsavory opinions. But remember, free speech isn’t necessary to protect popular or non-controversial opinions. And let’s be honest, Google and Apple were ultimately just protecting their cartel partner (Twitter) from competition. Further, any other digital company that does get traction and becomes successful (Instagram, You Tube, etc) will be acquired by one of the monster tech cartel members, and the authorigopoly’s speech code will be forced upon the acquired entity.”

There’s more, read it all at the link. It is communism or socialism, though, it’s just that as Dr. House says, “Everybody lies”, and making up a story about how this particular old thing isn’t exactly what it is helps keep the current oligarchs in power and makes the coming changes likely to be less smooth than one might prefer.