In theory, yes. In practice, since Google and Facebook are free to end users, outcompeting them would require raising enormous amounts of capital. So you would

In theory, yes. In practice, since Google and Facebook are free to end users, outcompeting them would require raising enormous amounts of capital. So you would depend on the approval of a rather small (and mind you, non-elected) group of individuals. I really don't think it's about the wording you put on the decision maker's badge. It's about who's interests they represent and the structure of their incentives. Government-drivern censorship is bad, because their incentive would become to stay in power no matter what. Monopolies act the same way.