Okay, that's another way to fix the problem then: break Twitch up into 100 baby Twitches, and don't let anyone have ownership/stake/control of more than one of them. If all 100 decide to ban someone, they probably deserve to be banned, and if they don't, then the person can keep streaming on one that didn't.
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No because the same social and economic pressures may apply to all of them. That's exactly what used to happen to black tenants when all of the "100 baby landlords" decided to ban them. It doesn't mean they probably deserved to be banned, it's that there was a systemic problem that couldn't be fixed simply by having competition. We already see this with politically unpopular people being banned from all popular social media sites, despite them being separate companies with different owners.
I think it's hilarious that you're using the suffering of black people to give weight to your fears about what's happening the sort of people who are in fact fond of or indifferent to the suffering of black people.
Back here in reality, a poster child for "politically unpopular people being banned" was Milo Yiannopoulous, who was banned for leading a wave of anti-black abuse: https://www.vox.com/2016/7/20/12226070/milo-yiannopoulus-twi...
One could argue that Milo is the one who started the shift we've seen over the last 5 years in social media moderation decisions. He still has a platform, of course. There are approximately infinite platforms, and some of them are happy enough to host open racists. So we aren't at the "100 baby landlords decided to ban" stage yet. As you say, he's just been booted off the popular platforms. Because it turns out a lot of people are no longer interested in supporting open racists.
And it seems like that's where things will stay: Users and companies have unimpinged freedom of association. Racists, etc, have the freedom to build sites that support racists, which are mostly ignored by everybody else. This seems like a fine outcome to me. If it doesn't to you, maybe think about why.