> has similar impacts and risks to the government imposing similar restrictions through the law

We can't really compare them to the government until they have a standing army. That said, pure scale does matter. There will debate over whether powerful organisations are currently benign or hostile, but there is no doubt whatsoever that they are a mighty force.

If Google or Facebook ever decides to seriously wake up politically, China's internet strategies will start looking very sensible. I don't agree with them either though.