It is university’s jobs to collect and disseminate knowledge.

As such, it would make sense for university to host its own journal for scientific research. After all, that is “disseminating knowledge” as well. Universities could do it for the greater good, instead of for profit, at least in sane countries where Universities actually operate for public benefit, not for profit.

Such a journal would have no publishing fees and no access fees. It would undermine the monopoly that Wiley & others have built.