Earlier quoted context omitted.
This could destroy the tech oligopolies. This would tangle them in unlimited court cases allowing for smaller sites with smaller pockets [1] to flourish. I imagine they will fight this to the death - or drag it in court at least until November elections for a pro-Oligopoly (Biden) camp to take over. [1] Lawyers hate small pockets.
If this does destroy tech oligopolies, they'll have nobody to blame for it but themselves. They've had over a decade to prove that they're fair and impartial and, if anything, have worked overtime to prove the opposite.
It's funny how conservatives were totally on board with deregulation and perfectly fine with corporations steamrolling every one else as long as they were aligned with conservative objectives. Then the moment a powerful corporate faction with liberal-ish sensibilities emerges, they freak out and abandon all their fake principles and run crying to the nanny state to save them from the big evil corporations.