[somat]

You are probably not wrong, however take note that this is exactly the line of thinking that led to the DMCA. Beware the law of unintended consequences.

To misquote you.

"I bet if we removed the requirement to get a lawyer and file a lawsuit that those behaviors would vanish real quick, if all you had to do as the wronged copyright holder was report to an authority(the hosting service) that Company X is infringing on your copyright."

[izacus]

It also led to things like easy small claims court, consumer protection agencies and DPOs which protect consumers against corporations here in Europe without them having to shell out thousands of euros for lawyers and court cases.

[MichaelZuo]

Do all the upsides outweigh all the downsides, such as DMCA?

[ToucanLoucan]

Point to you there, but also I would never in a thousand years trust a company, especially a publicly traded one, with that kind of power.