This has happened.
> the government to decide what is allowed to be banned and what isn't,
This is a civil lawsuit where people are trying to a) prove they were harmed and b) be compensated for that harm. The government is just the referee.
> Meta is removing these ads, because pretty much any advertising platform would do the same about ads that criticized it.
Which was not very smart because the next step will be a court order requiring them to put a banner on ever page with a link to sign up to join the lawsuit - for free.
Source?
And of course there are scammers on all sides - not just legitimately bad stores trying to whitewash their online presence, but also entire scammer rackets that extort legitimately good stores by flooding them with BS reviews [2].
[1] https://www.linkedin.com/pulse/how-shady-companies-remove-ba...
[2] https://9now.nine.com.au/a-current-affair/inside-the-extorti...
The ad sellers and the journalists are normally separate and will not interfer much with one another's work. It also helps that they never say no to money. I don't know about the New York Times specifically but similar things have happened many times in other newspapers, and there is such a thing as a paid editorial. Those are usually clearly marked as such, but it's basically the same thing.
(However, there may be other reasons why you might want to go with a competitor instead, and not pay the newspaper you hate $100k.)