It would give the powerful a dangerous new route to manipulate platforms into removing lawful speech that they simply don't like, with President Trump himself saying that he would use the law to censor his critics. The bill passed the Senate in February, and it now heads to the president's desk.
Sometimes I feel like capitalists read all the propaganda they fund about China and get jealous of the fantasy tyranny.
China has boomed in the last decade and these folks will emulate anything they think might get them a bigger slice of the pie