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It's worthwhile noting that the courts have been holding media companies responsible for the comments on their pages which I imagine at least some part of the motivation for this.

https://www.smh.com.au/national/nsw/media-companies-liable-f...

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Social media content isn't hosted on their property. If they can't comply with such laws they should delete these accounts rather than claim digital squatter's rights.

Isn't Facebook arguing that they have become a public square though? If we accept that argument, then they can't have it both ways - a merchant who has set up a booth on the public common is not a squatter. While subject to the rules of the common, they still retain full control over their booth and wares.

Yes they are, but it’s not entirely up to them. The other side is arguing that they are just a publisher.

It remains to be seen where they end up.

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