I'm going to continue our trend of uncomfortably agreeing with each other, but pivot a bit and say the Democratic/Republican "fight" over this is a sham. Neither party wants to give up having a handful of ultra-powerful oligarchs who control access to information and conversations for literally half the human race, they just want to be sure they're getting enough of that pie.
So Democrats and Republicans take turns whipping up a frenzy about the other side... but it's always in order to move towards greater centralization. There's a reason nobody's broken up the AWS monopoly, or the payment processor duopoly, or the Google/Facebook duopoly, but a less-rigged twitter has now suddenly magically become public enemy number 1.
It's the same reason every time someone starts a genuine competitor to one of those it's either bought out, crushed legislatively, or demonized to the point they can simply be locked out of society.