Monopolies have a more or less successful history of being regulated. In other words, governments limiting their exploitation of their market position.
How is YouTube exploiting their market position? Last time I checked it cost literally 0$ to use their video platform. What do you think government should do?
Of course, you'll say that your candidate will never break ToSs, but we've seen just today that these terms are rather random and can change on a whim.
Think just one step further into the future.
They actually rewrote their ToS specifically to excuse not sanctioning his violations while continuing to sanction others without his institutional position for the same violations.