The point is, we have a whole bunch of mores and law that work together to form a free society work that were formed in times when most interpersonal communications didn't go through a few concentrated intermediaries. This new equilibrium a really big concern for free communication and freedom of speech: just letting whatever dangerous stuff circulate at massive scale isn't good, but fully empowering corporate entities being able to squash and marginalize categories of speech isn't great either.
I don't think they should face legal sanctions or anything. I think they should step out of politics. But yeah, they don't have to.
So, since ISPs also own their platform, should they also be free to block content that competes with their services along with content they’re required to block by law?