It really depends on the details of the power and control.
I'll take, for example, the federal government's current fight with Facebook and X. Every day I hear Canadians complaining about their inability to access news through social media. On the other hand, the reason for that legislation is to try to get profits into the hands of independent Canadian journalism outlets so they can continue to do the job of journalism rather than have those profits entirely reaped by non-Canadian multi-billionaires.