Im pretty sure that is the current sentiment amongst the judicial body at the moment, Meta and Google have been taking blows left and right. They are also not allowing else to take shape that might make their business model obsolete. With all that we have more and more laws that are redistricting the use of social media by their own bad doing. So if another company wants to offer something innovative, now they have an unfair playing ground due to the enormous amount of regulation that are NOW being implemented. Another words the longer these large tech companies are able to keep their business the harder it is for innovation in this sector from other players. The spill over to polotics is dangerous and counter-productive to innovating technology.
When your definition of innovation includes "move fast, break things, ignore regulations until you can scale big enough for the lawyers hopefully to outpace the legal system" it is arguably any of that should be allowed at all. There's room for leniency, then there's building the wrong damn thing and not taking no for an answer when you should. Tech is beyond that point by leaps and bounds.