When organizations are so powerful that they can diminish the free speech of the people they disagree with, but most importantly the President of the United States, then those organizations are too powerful. They have too much of a monopoly. Current laws protect these organizations. We could change the laws.
This issue has nothing to do with the freedom of speech. Freedom of speech is solely in reference to the US government. The government cannot restrict one's speech. A company has the right to allow or disallow anyone access to their platform at their discretion. It is their platform. They are not required to allow anyone on to say anything they want.
This is the kind of crap that the left gives as a knee jerk reaction without thinking about it too deeply. Social media has become the town square. Without it, you are really limited on getting your message out. This is about monopolies and companies becoming too powerful, which is a common complaint by the left. Current law says that these companies are platforms and not publishers, protecting them from what people post on their sites. But they are acting as publishers engaging in censorship. When they act in unison to ban conservative voices then this creates a situation that is beyond unfair. And it takes extreme arrogance to ban the President of the United States. Meanwhile, they don't ban dictators from around the world.
Before the election, the social media companies were blocking posts about the Hunter Biden laptop story. Around 45% of Biden voters said that they didn't know about it. One in six said that they would have changed their minds had they known about it.
Twitter said that if you don't like their policies then start your own social media service. Well, people did and it was called Parler, but the major tech companies just removed it from their app stores and canceled their web hosting.
This has created a situation that is simply intolerable. It is so biased against conservative voices that it has become an oligopoly. The Cancel Culture has been trying to shut people up, even online.
We regulate all forms of media. The Internet was created by the U.S. government, originally for the military, and was opened up to commercial use around 1993. The Internet exists because of the government and it is a public platform.