“If people think platforms remove their content too much now, they should expect to see the pattern significantly intensify with this law…”

California is one pen stroke away from enacting a controversial bill that would impose fines of up to $1 million on major social media platforms that fail to censor content deemed in violation of state civil rights laws.

According to the bill, “The purpose of this act is not to regulate speech or viewpoint but to clarify that social media platforms, like all other businesses, may not knowingly use their systems to promote, facilitate, or contribute to conduct that violates state civil rights laws.”

So, it is to regulate speech or viewpoint.

https://www.zerohedge.com/political/eu-style-censorship-california-bill-slap-1m-fines-social-media-hate-speech-moves-newsoms