The problem with regulating big tech is the unplacable internet. Who can regulate the internet? Who gets to make rules for the global network?
Politicians are keenly aware that regulation has to be administered, and administration costs money. The internet subsists on low overhead, and per jurisdiction administration would significantly change almost everything about the current internet. The public wont allow that.
If the public actually starts demanding regulation, we will see a fracturing of the internet into national networks. It will become impossible (or at least uneconomical) to run reddit, youtube, or facebook as global networks. They might continue to exists, but they will be sectioned off.
In that scheme, would regulation be based on where the servers are located? What's to stop me from routing American traffic to Armenia, where the laws don't exist? What's to stop me routing it to Russia, where the general legal principle is that illegality won't be pursued if it's no against Russian citizens?
The laws of the country would apply to the objects in that country. If you route traffic from America to Russia, the hosts/clients in America need to follow American laws and the hosts/clients in Russia need to follow Russian laws.
Politicians are keenly aware that regulation has to be administered, and administration costs money. The internet subsists on low overhead, and per jurisdiction administration would significantly change almost everything about the current internet. The public wont allow that.
If the public actually starts demanding regulation, we will see a fracturing of the internet into national networks. It will become impossible (or at least uneconomical) to run reddit, youtube, or facebook as global networks. They might continue to exists, but they will be sectioned off.