Because it's bad for consumers. We will end up paying more for these services if we allow these kinds of practices to continue. We will lose the ability to kee

Because it's bad for consumers. We will end up paying more for these services if we allow these kinds of practices to continue. We will lose the ability to keep content we have bought if we move between services or don't want to keep up paying subscriptions. Being a private company doesn't mean you just get to do whatever you want.