Earlier quoted context omitted.
The government is also, at least theoretically , democratic and accountable to the population. Meta on the other hand is a dictatorship run by Zuck that's only marginally accountable to stockholders (which are only a small subset of the population).
They're still accountable to customers/users. If you don't like their products, don't use them. I don't. The unfortunate thing about this lobbying effort is that it's making the government accountable to Meta, which is the worst of all worlds.
At least when the government is working, there are controls around what they can collect, what they can do with it, and who they share it with. And what they cannot do with it.