The internet is privately run, anyone can start, run and promote a website and there are very few ways that people can be stopped (even illegal content and hacking services are hard to stop). What you are really saying is that MyTwitFace is a public utility and that they are required to give everyone an account. That is not only incorrect but detrimental to innovation.
Because as soon as that is required and regulators step in, then MyTwitFace will be able to stop any competition.
Pray tell, what do you think the transition from private to public oversight of aircraft looked like?
How was this detrimental to air travel, and what innovation has been lost?
While anyone can start a website, if you're going to do business in this country, be it by mail, direct sales, or internet there are EEOC guidelines that are being improperly sidestepped with the claim of "privacy." If "MyTwitFace" wants to discriminate against otherwise protected classes, they have to do it for free: not as a business.
All privately owned and operated communication infrastructure is a public utility.
That is setup by their own volition, to take advantage of tax breaks.
To compete with companies like Youtube, Facebook or Twitter, you need about half a trillion dollars in your back pocket. This is not a realistic suggestion.
Because as soon as that is required and regulators step in, then MyTwitFace will be able to stop any competition.
That is a non sequitur. How does regulators stepping in stop competition?