The damage is in opportunity costs to businesses and after it happens the disruption causes them to lose/fail contracts and either go out of business or leave and flip the country on harsh terms as they are rightfully pissed at the large scale losses they took from them and to paraphrase George Harrison on Manilla "would only return to drop a bomb on the country." America and Europe would have more to lose not that it has stopped the latter before (WWI).
The wrinkles in such optimism are "Great Firewall" style more targetted systems and their own market clout.
A small scale example was pulled in America already almost a decade ago by BART pulling a Mubarak that disturbingly left open the option even as they rightfully rebuked them for breaking FCC law.
https://www.eff.org/deeplinks/2012/08/barts-cell-phone-shutd...
this looks like jousting to me, against unarmed civilians no less
https://www.quora.com/Which-caste-is-looting-India/answers/2...
https://en.wikipedia.org/wiki/Rigveda
https://en.wikipedia.org/wiki/Manusmriti
The authoritarian government of English Prime Minister David Cameron threatened to cut off the Blackbery messenger service during the London riots/protests.
https://www.prweek.com/article/1084907/david-cameron-comes-f...
The French government of authoritarian Macron (the aspirational dictator):
https://edition.cnn.com/2020/05/13/tech/french-hate-speech-s...
Google (Youtube) censoring an academic censorship conference:
http://www.schoolinfosystem.org/2021/02/04/not-the-onion-aca...
So we should have a discussion on authoritarian companies like we do on authoritarian governments like the UK and France and Germany where there is no free speech.
And lets not forget the authoritarian (under both Obama and Trump) US and UK governments in torturing the news publisher Julian Assange.