I strongly doubt Apple would ever ban web browsers. The amount browsing done on iOS is too significant, it wouldn't make sense to ban them.
Imagine the kerfuffle if Google had Chrome on iOS. 2% of "PC" users complain of Chrome hitting their battery hard on macOS. iOS has a much bigger market share.
Competition is healthy, I agree. But sometimes the best interest of the vendor and the users don't align, and I'm more confident Apple is prioritizing battery life and performance over other things, while Google will prioritize those other things (like ads and data collection). I can't imagine them allowing adblockers on iOS (exactly as they don't on Android, afaik)