[andrepd]

It's all a natural consequence of capitalism. Heavy regulation is needed for even a semblance of a healthy society, but unfortunately capitalism's incentives themselves make regulation an uphill battle.

A mixed economy with strong regulation seems to be the best system we've come up with so far. Unfortunately it's a tough sell because we're obsessed about GDP numbers and making like go up instead of actually improving our lives. We prefer having a couple trillion-$ companies wreaking havoc on our societies and especially on teenagers and children than not having those companies.

[riedel]

This seems to be the motivation of EU regulators. However, regulation also needs to be enforcible in a global setting. Also one needs to understand collateral damage to smaller enterprises (recent EU regulations only tries to target large platforms) and economy as a whole by leaving large legal uncertainties. In the end also with heavy regulations often the most ignorant players will survive. We should rather make sure try that taxes are paid where the potential damages occur.

[andrepd]

The "big company clauses" as you say do solve most of those issues: they avoid burdening small enterprises with unreasonable amounts of regulation, but they ensure (very) big companies with huge influence which act for all purposes as public platforms, and not merely as "normal" companies which happen to be very big, do have extra impositions.