This is a leap. If they publicly espouse some sort of policy and don't adhere to it, it makes them look hypocritical - but I don't see how this limits their editorial freedoms. They can change the policy, or actually adhere to it.
> Maybe the reporting law doesn't itself prohibit a company from acting against its published terms, but it sure creates a database that could easily be weaponized against them by a future law or unchecked executive order.
I mean, I guess? I feel like the same could be said for laws that require worker injury reporting. If at some point in the future it's decided that there should be some regulation around moderation policies (and this seems increasingly inevitable) it would be useful to have some actual data to work off.