Indeed, it is. Doesn't mean we have to like it. But at certain size you can make the "there is nowhere else to go to", ie see Apple/Google vs Epic Games lawsuit. Apple got struck down hard, even though you "can go elsewhere". Apple is 100% monopolistic on iOS though, Google is only 99% on Android, so I guess the comparison isn't exact.

Jeff Geerling doesn't live in the EU, he lives in Missouri, I think.

But there's nothing illegal about it, that's the point. YouTube can be abusive with its policies, but they can always show you the door and you can always go to another platform. The problem is that everyone wants to be on YouTube. Think of YouTube as the Nvidia of video platforms. Its sucks really hard, but it's the reality.

F**k YouTube on this one. It won't be long until the EU messes with them as well thankfully.

Youtube is a natural monopoly, like Steam is. But Google, Valve is not taking advantage of that position, not directly.