TikTok is a company, and has many competitors, there would not be any issue for anyone to develop a tiktok copycat. Why should it be banned under a free market?

TikTok is a company, and has many competitors, there would not be any issue for anyone to develop a tiktok copycat. Why should it be banned under a free market? Plenty of silicon valley leadership have their political allegiance. Why would that be a problem for the users?