It's more like if Walmart opened one of its big stores in your small home town and drove almost all of the smaller retailers for miles around out of business and a few years later said "Oh, this location sucks." and closed up shop.
Only if it took one week for another shopowner to start up again, and they gave 3 months notice. There was never even a cut in functionality; I'm already using Feedly instead of Google Reader, and Reader's still going to be around for another few months yet.