1. I don't think point this is self-evident. At a minimum you could tighten up the M&A rules so that the big guys can't just buy every potential competitor. Legislative solutions are probably too slow, but we could certainly form a regulatory agency that can deal with rule-making as new issues come to the front.

2. I don't think it's self-evident that regulation would disadvantage US and EU companies. Regulation that encourages competition and innovation is an economic advantage - not a disadvantage. Tiktok might be less attractive if there was a vibrant marketplace of federated social media services that don't send your data to the CCP.