Yes and commercial entities aren’t some absolute evil constantly repressing us either.
Both government and private entities have checks on their power in the form of voting (government) or in the case of commercial entities, the market itself (voting with your dollar). Both entities can and do abuse their power.
However, only one group is always granted a monopoly and legally allowed to force you to comply and buy their products at gunpoint (government).
Your model has a major gap in it.
Markets don’t come into existence ex nihilo. They come into existence by regulation setting the rules to ensure that the system works for humans.
You have nothing without regulation and government power, setting up the rules and enforcing them.
Further, when we look at the merits of the case which is driving this entire conversation, Meta acted in a manner that most people would consider evil.
And the market is rewarding them for it.