The article doesn't make it seem that it is bad for innovation. If one company can serve regional interests better than another three timezones away, seems like it would be good innovation for me. Besides, once those parking apps start getting bigger inevitably most of the competition will start going under as the bigger, more successful companies out-innovate each other and eventually they'll start merging or getting bought out.

The article is in fact full of good examples of innovation. The title is misleading.