Not in the United States it's not at least. Even just the recent net neutrality pubic votes don't match what was done in the slightest. The USA is an oligarchy through and through.
There are many who think the net is evolving in a great way and want to limit government interference until their is a real problem. If there's a real problem then pass a law and deal with the problem. Often times these harmless laws have terrible consequences and are difficult to undo.
Yes in a democracy you will frequently deal with votes not going the way you want. Having powerful groups who can get the law changed to benefit them is a different issue and is indicative of a de facto oligarchy