Why? Private companies can't dump waste onto a river, can't build buildings not up to code, can't discriminate based on religion or sex, can't prevent their employees from joining a union, can't evade taxes (well these last 2 only in theory I admit)... Meta owns platforms with 3B, 2B, 2B users (fb, insta, whatsapp); why the hell wouldn't it be possible, in principle, to regulate them as public utilities and forbid them by law from censorship or other nefarious practices?
Your phone company can't spy on your conversations and your power company can't shut you off if you are black. Only on a society completely far off the deep end of neoliberal philosophy would people even think to invoke "but it's a private company" like some sort of holy taboo.
I think all of those are "fair game" now (if the price is right). I only wish I were kidding.
You're arguing with a strawman, I never said it's impossible in principle. I said it isn't currently categorized as a utility, hence they are free to censor as they see fit.
It's entirely possible for the courts of the USA to deem it a utility, and it'd be interested to see the long term effects of such ruling.
The ruling would only apply to citizens of the USA, so it'd be very interesting to see how the companies in question implemented the changes to stay compliant.
It'd be an interesting case study, but it's impossible to speculate on its fallout until a clear plan has been drafted. I.e. It could potentially make it impossible for newcomers to create platforms, depending on the angle for such a regulation. Or it could make changes to the algorithm borderline impossible etc.
basically countless pitfalls and without a clear draft, nothing of value can be discussed