I disagree, and Gmail and Facebook do engage in censorship by hiding stuff the advertisers that pay for it don’t want you to see or be themselves associated with. That’s not even close to what moderation is and confusing the two things as “just two perspectives” is not helpful at all, as you end up justifying censorship through that.
This is a common setup for WiFi routers, where the idea is that most traffic will be on WiFi.