> This means the current laws prevent the web from being the wild west.

If you take 'wild west' to be pure anarchy free from any law, then sure. But I don't think that's what is actually meant, nor does it describe the real wild west, nor even the popular perception of the wild west. Pop-media depictions of the wild west are filled with sheriffs, bounty hunters, judges, etc. That wild west outlaws exist as a trope implies the existence of laws for these outlaws to violate. Utter absolute lawlessness is not the implication of 'wild west'.