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It is good to see regulation that diminishes the chance of monopolies or abuses. I don't know if current safeguards help such guarantees.

What could be interesting are economic incentives. For example, social networks profits could be taxed and part of the money acquired could be applied on independent de-centralized services. Imagine the impact if just a small amount of facebook profits were donated to wikipedia.

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How is this going to diminish monopolies? Big tech is (a) going to have a voice in these regulations and (b) will easily afford the cost of compliance. Small competitors will have no voice and will struggle to comply. This is almost certainly going to entrench the big players and widen their moats.

> It is good to see regulation

It is never good to see regulation. Never ask state to fix the problem or you will end up with two problems. Especially, the Big State.

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