Video sharing sites of the size/impact of Youtube, similarly to social platforms like Facebook/Instagram/Twitter whatever, and platforms like Google Search/Maps, etc have a tremendous impact on society. They have become a major way of how people communicate, make daily choices, purchasing decisions, vacation plans, etc.
When a company is that big and that impactful (despite being a for-profit company), it is in interest to the general public that there are some checks and balances in place.
For me, the best scenarios is governments involve themselves as they involve themselves in other areas of business:
- telecommunications and utilities (Verizon)
- transport (Uber has different treaties/operating models in different countries)
- online marketplaces (Google)
Only through treating these behemoths as providers of "public goods/utilities" via our governments, can we have them not regressing to what any monopoly would naturally regress to: arrogant hands-twisting thugs, not afraid to exploit their users for every penny.
Keep in mind that governments already DO involve themselves in the business (mal)practices of these tech giants. For example, Tesla's new cybergarbage is unlikely to pass a scruitiny in the EU due to pedestrian safety/impact concerns. Google/Facebook/Instagram all have to respect the GDPR and its US cousin the CCPA, etc, etc. If it wasn't for measures like this, you'd not have "do-not-track" options in your browser, nor would you have adblockers in the Google play store...
I simply want MORE, quicker and better government involvement into anticompetitive practices that (mostly) US tech giants use.