The goal here is to make sure these companies obey the law though, which big tech companies seem to think is optional.
Democratically elected governments should have no say as to how many billions of dollars of market activity tech oligarchs are entitled to capture and redirect towards their very noble goal of winning the competition to see who can build the biggest yacht.
And, of course, building bunkers for when enough of the general population eventually catches onto and gets tired of the grift...