Yes. Apple has its own problems though. The only reason it can do this is that it has a generally authoritarian behavior wrt app access (see Fortnite), as with closed standards for accessory connection, etc. This is a company that uses platform-exclusive APIs as a cudgel for compliance.

I applaud the fight in that it hopefully makes Facebook weaker but I'm not cheering for Apple having this power either. I'd rather wish for their greed to cause these two to destroy each other.