That's why the grandparent comment said "I'd support this if app developers were also required to release their apps on all the available stores".
Without that clause, your approach wouldn't work, because what incentive would Facebook even have to release it on the Apple App Store and follow Apple's tighter privacy/anti-tracking rules, when they can just release it on the Facebook App Store for iOS (or whatever else they decide to call it or, alternatively, another third-party app store)?
Sure, having third-party app stores helps smaller devs. But it also unchains all the anti-tracking and privacy shackles from the tech giants like FB who don't care which app store they are on (as long as they can set their own rules), because FB/Instagram/etc. users will follow to whatever app store their app is on (no matter how much or how little privacy protection that specific app store is willing to enforce on FB).