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Sometimes laws like this are pushed in hopes of a lawsuit being filed and subsequently reviewed by the SCOTUS.

Good, the question of whether social media with large scale is considered a public square needs to be answered.

My feeling is that a publicly traded company should not be treated the same as a private company... this is a gray area.

That would be an interesting distinction. You'd have to make sure you didn't just open up new reasons to stay private in name only