What it does is allow Jim “Big Tech” Jordan to pass the responsibility for 2020 censorship from the tech co’s to the gov’t - which is exactly what Jordan’s tech donors want.
Also note that Nick “Remainder Swamp” Clegg at Facebook is claiming they stood up for free speech against gov’t censorship demands.
See, Big Tech is actually the free speech good guys / SARC
I gather you are a Canadian. Why don’t you stick to something you know.