Sure, but if you want these companies to not just do whatever the hell they want, then make a law about it.
Ultimately, if a company is answerable to no one except themselves, then what do you expect is going to happen? They're just protecting their own interests.
You use the platform; you accept the TOS. You accept the arbitrary enforcement of the TOS.
That's how it works on every platform right now.
Right? Wrong? I don't know... but I'll tell you what I do know: a) I'm not surprised, and b) there is zero chance this will change without legal compulsion.
So right now, concerned or not, it is what it is. Suck it up, or accept legislative change; you can't have it both ways.