The Web started mirroring the real world when money got involved. It could have been the way you said, had it only been a place to share information, but it is

The Web started mirroring the real world when money got involved. It could have been the way you said, had it only been a place to share information, but it is now primarily a marketplace, and no govt or pvt entity has EVER not regulated or attempted to seize control over marketplaces. In fact, even the pure information sharing part is being increasingly censored under the pretext of "security" and children and so on...