I’m hard core don’t trust giving the government more power. Corporations don’t have guns and the right to drag you to jail and take your stuff without a trial (civil forfeiture).
You want to see what government can do with power - look no further than Desantis or this…
Requiring megacorps to give back to society (which, no, selling their products and providing jobs is NOT what was being talked about when giving back to society was mentioned, what a ridiculous take) doesn't require government overreach, just regulation which other countries manage fine, other countries that are nowhere near the illiterate uneven class disaster the US has become.
Government overreach is a legitimate concern in some cases, but not here. Regulating megacorps is something the US needs, and society would be all the better for it.
It’s a conspiracy theory that the government abuses power? Civil forfeiture, the links I gave you where there is a documented abuse of power, Desantis - a presidential candidate punished a private corporation for speaking out against a policy and running a campaign on fighting the free speech rights of anyone who doesn’t agree with him in Florida (where I live). Those are all figments of my imagination?
Do you like any of the previous laws the government has passed or tried to pass with relationship to tech?
And the EU isn’t exactly a role model for innovation and success in the tech industry.
