I don't think web hosting is though.
Here's a simple hypothetical: You have two candidates running for president. One candidate and their supporters can use the internet freely. The other candidate and their supporters are delisted from search engines and kicked off hosting and infrastructure.
Is this a fair election?
Let's make it less hypothetical: On 31 May 2010 five cargo ships were peacefully searched and sent on their way. On a sixth ship the crew violently attacked the search party with knives, clubs, and firebombs. The world's media photoshopped large amounts of weapons ,blood, and unconscious bodies out of pictures of the ship and published stories claiming there had been a catastrophic unprovoked assault involving "summary executions" of innocent peaceful protestors. A combination of social media manipulation and search engine delisting ensured nobody saw the original pictures and live video evidence proving what really happened. "Unbiased and Trustworthy" media had spoken. Fact Checkers(TM) had spoken. Anyone trying to say otherwise, even if they had copies of the original unaltered photos, was dismissed out of hand.... if what they said was visible at all.
Contrast this with October 7th 2023. CNN aired an interview insisting that not one civilian had been killed and no rapes were committed by Hamas. However due to the de-censoring of twitter the entire would had already seen Hamas' own footage proving that CNN was lying. The same pattern of institutional disinformation followed by a humiliating grassroots debunking was repeated numerous times shortly thereafter.
Never before in human history has it been possible, let alone this easy, to control the conversations of and information seen by billions.