I touched on this somewhere else in the thread, but it is not uncommon for companies to end up in a position where they have so much control over society that they need to be limited in their power, else they just hold too much power and that is not good in the long term.
Something like cloudflare, where their decision to host or not host you can be the difference between being able to be online and not, needs to be regulated as a utility because executives at cloudflare should not have the authority to determine who can and cannot host a website on the internet.
Mob rule is not good, and mob rule will lead to oppression of some form if left alone for long enough.
There is no exception to that rule, it is only a matter of time before it happens.
There should be reasonable restrictions on behavior based on harm, but those restrictions should not be in the hands of mob rule or companies like cloudflare. Those restrictions should be based on rule of law and determined in a courtroom with informed jurors and a fair trial.
There are times where that is excessive, this is not one of them because cloudflare is such an important piece of infrastructure. For a private form? You can delete whatever the heck you want, you should be able to.
Something like cloud flare, however, is more of a utility. Giving it the power to shut people off is giving it too much power.