> And to achieve that they need to realize that all the regulation they aimed at facebook can only be satisfied by entities that have facebook's money.
I disagree with your claim. Can you tell me why you think that is?
You can still sell advertisement without collecting and processing large amounts of personal data. I would claim that it's even better if your ads are based on the in-page content, than users' personal information.
At the same time, legislation such as Digital Markets Act applies to large entities (currently singled out), and further compliance is going to apply to new platforms when they become "large enough".
Eh, not the privacy regulations. The stuff like the UK's whatever act that basically requires forums to have a lawyer on retainer.
Or strict time limits on removing content that put a lower limit on staff.