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> I question whether this pans out like swatting. Can I get someone taken down by abusing abuse reports?

Not generally, no. Typically, abuse departments at ISPs don't blindly cut off people's internet access just because someone complains. They require evidence (server logs, message headers, etc) and there will be an investigation as well as multiple communications between an ISP and a user being accused of violating the ISP's terms of service. The same is true when the issue is between ISPs and their upstream providers. Keep in mind too that for both ISPs and upstream providers, everyone is naturally and strongly incentivized to not cancel the accounts of the customers who pay them.

There is one situation where false reports can get someone taken down. DMCA notices have this potential. ISPs can face billions in fines if they refuse to permanently disconnect their customers from the internet based on nothing more than unproven/unsubstantiated allegations made by third party vendors with a long history of sending wildly inaccurate DMCA notices. So far, media companies have been winning in courts and ISPs have been losing or (more often) settling outside of court. Everyone is still waiting to see how the case against Cox ends (https://torrentfreak.com/cox-requests-rehearing-of-piracy-ca...)