No. Absolutely hard disagree.
To give you an example of this working well:
In some countries(UK) regulators recognized that you cannot operate in the society without a bank account. So a rule was made that a bank cannot close down your bank account without a court order. They can block your access to nearly all other services, block all of your cards, but at the end of the day, you cannot lose access to your basic bank account and money in that account unless a judge says otherwise. The solution to the problem of "every citizen needs a bank account to function" wasn't "let the free market sort it out". It was to force banks to maintain access to a basic checking account no matter what until a court order is given.
In my opinion, Google should be forced to do exactly the same - no matter what, you should never lose access to your google account without a court order. It might be placed under severe restrictions(no new uploads, restriction to storage etc) pending review, but until a lawful court agrees that you broke the rules somehow and google is free to kill your account? They should be forced by law to keep providing their service.