My point is these don't have to be abolished at once with a single law, there can also be a gradual decline.
This law _does_ threaten free speech by basically forcing platforms introduce content filters. First to be used for copyrighted content, but once it's there it can easily be extended to hate speech, fake news, defamation and other euphemisms for the content to be censored. It basically un-does a lot of internet's democratizing effect on free speech.
I don't like the law either, it might even impact some of the context I mention, but that context is still there if we're talking about OP's headline vs headline discussion.