That is not the same thing. Stock brokerages are simply required to store every bit of written communication for years, for example. As I understand it there are also circumstances where they’re forced to record things if they’re not written.
Not as a “reasonably anticipated” but just always.
I think companies that manage lots of private user data should probably be held to the same standards.
Yes, both things exist. But the Google issue being discussed is not about being in a highly-regulated industry, it's about reasonably anticipated litigation where they had actual notice of an investigation of particular issues with the potential for litigation, and even an explicit notice that this triggered a requirement to preserve all relevant communication and documents, and there specific actions with that knowledge.
This isn't a regulated industries issue: all parties to actual or reasonably anticipated litigation are required to preserve evidence.