You're right about most of the facts however

* I LIKE giving the Aussie government unilateral control over this issue vs the status quo of giving Big Tech unilateral control over it.

* I LIKE the fact this is unfair, Big Tech has been treating people unfairly for quite some time so I'd like to see them be treated as unfairly as possible. The more damage the Aussie government does to Big Tech the better, the more unfair, the more sadistic the better.

* You say that global adoption would be the end of a free and open web? It's far too late for that and the likes of Google and Facebook have nobody to blame but themselves.