So then it potentially becomes impossible to create a startup that replaces existing social networks due to moderation requirements. Facebook and twitter got lucky they didn't get killed this way in the early days. This is similar to the criticism on the EU automated copyright violation detect requirements.
If moderation laws essentially make it impossible to build new mass platforms, then that creates a very strong case for having rights to have unrestricted open access to existing platforms, does it not? For example, the networks then wouldn't be able to issue lifetime bans at their discretion.