How is this going to diminish monopolies? Big tech is (a) going to have a voice in these regulations and (b) will easily afford the cost of compliance. Small

How is this going to diminish monopolies? Big tech is (a) going to have a voice in these regulations and (b) will easily afford the cost of compliance. Small competitors will have no voice and will struggle to comply. This is almost certainly going to entrench the big players and widen their moats.