We already have enough regulations and we still have so much problems. For one thing, it is selective enforcement. Secondly, the penalty is peanut. If penalty is a percentage of total revenue, it will change the behavior of the executive of the tech giant. Add some jail time for repeating offenders is a good idea too.
Lastly, the reason why regulations don’t work is regulations is written by lobbyists here in the US. Guess who these lobbyists represented?
Lastly, the reason why regulations don’t work is regulations is written by lobbyists here in the US. Guess who these lobbyists represented?