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"The bottom line is that an online service can ban any user for any reason, period. "

Agreed.

And the govt (US and EU) can break them up whenever they they attain market monopoly. Or governments (every other one) can decide they've had enough with arbitrary content control by foreigners and ban their service within their borders.

Which is fine, really. I dont b%^h about FB and friends kicking someone out of their service. I expect the enlightened not to b^&h when countries ban services they like.

The Internet as we knew it in the 90s is dead. Time to get over it.