>Better the nanny state than Nanny Zuck.

For me this is a crux, at least in principle. Once online media is so centralized... the from argument freedom is diminished.

There are differences between national government power and international oligopoly but... even that is starting to get complicated.

That said... This still leaves the problem in practice. We get decrees that age-restriction is mandatory. There will be bad compliance implementations. Privacy implications.

Meanwhile a while... how much will we actually gain when it comes to child protection.

You can come up will all sorts of examples proving "Facebook bad" but that doesn't mean these things are fixed when/if regulation actually comes into play.