As is phone service.
You're a lawyer and you know what a common carrier is.
Social media platforms such as Twitter and YouTube act as common carriers. Newer types of common carriers.
They should be subject to the same regulations as all the others.
They're all common carriers.
Just different types specializing in different things.
Regulate them accordingly.
No they don't. They operate on utilities (internet and phone) but aren't utilities themselves.
But let's assume they do for argument's sake. Utilities are regulated not just because they're big, but because they provide a vital societal service which would likely be monopolized were it not regulated.
Does any single social media platform provide a service society can't live without? If facebook died, what would happen? People would just move to google and twitter and youtube and instagram and Truth Social and Snapchat and BeReal and a thousand others. No vital service, and certainly no threat of monopoly. And the barrier to entry with utilities tends to be huge. But new social media apps are introduced daily, each with it's own slant. See Truth Social as the perfect example of how easy it is to launch a new site to compete with Twitter.
And unlike phones and internet and gas and electricity, these services are free. Even if Facebook had a full monopoly on social media, it's not costing the consumer anything, so what are you protecting?
I honestly don't care if social media goes away. It's great for some stuff, but a cancer for other stuff. If you think regulating Twitter would make it a great space, however, I'd suggest you're wrong. In fact, the minute Twitter loses the ability to control what it allows on its site is the minute Twitter shuts down completely.