As opposed the the slippery slope that democracies are sliding down all over the world?
I agree that it is challenging, but frankly, given how much evidence there is of bad actors and misinformation on social media sites it has become clear that these corporations will only make choices that drive revenue or revenue related metrics.
I don't know what the right solution is, but it's not twiddling thumbs while foreign owned corporations continue to accumulate control over communications and media.