The analogy would be closer to the Rockefeller relationship with Oil. They controlled the entire system (and was eventually found to be a monopoly and broken up).
The above comment wasn't meant to say that Facebook is going to do harm (intentional), but that it's "harmful" (for the overall internet ecosystem) for Facebook to control internet access (for close to 2B people) like this.
[1] please don't take this comment down a "series of tubes."