Screaming "bureaucracy" and "overregulation" for every single attempt at limiting the impact of corporations is just silly.
But my comment was that, in general, it's not up to Imgur, Google, Meta, Apple, etc. to have an opinion on this or any other country's policy because it's just not fair. 1 corporation should not have more say or sway than 1 citizen vote. And that ideally includes their ability to "lobby" and buy themselves regulations (like the recent AI law in California which practically doesn't do anything).
My general point is how do we ensure governments are honest wrt to the consumer. Removing financial incentives towards revenue generation for them might actually be a step in that direction.