The airwaves they operate under are public. The internet was created as a DARPA project via public funding. The only thing the government would be telling them to do is respect people’s constitutional rights - not the dictates of the EU.
Its the EU that’s trying to FORCE its censorship standards on everyone. I think the US Government should push back and make it clear that Big Tech platforms may not impose those standards on Americans.
What I’m advocating is not for the government to dictate to them - exactly the opposite.