Hate speech laws exist in most of Europe and they are not abused at all. And it's not like media wouldn't already have a bunch of laws applied to it, even in the US - e.g. libel and the like. Surely you can slippery slope with that as well, right?

And the free market only works if there is a well-defined market with proper laws that are upheld. Otherwise it's a running competition where Meta/X just shoot every other competitor at the start and drive to the goal with a car. This has been known by Adam Smith already - you can't be a "free market person" while being happy with these giga-corporations trampling on laws left and right.