Facebook is governed by many laws and it flouts a lot of them. For example, they screw up the DMCA process continuously in a way that by statute should make the

Facebook is governed by many laws and it flouts a lot of them. For example, they screw up the DMCA process continuously in a way that by statute should make them lose their safe harbor (no "Section 230 reform" needed). Just by sheer volume of mistakes related to processing DMCA notices and counternotices they should lose their safe harbor protection. Even though surely many of the mistakes are unintentional human error, it doesn't actually matter that much according to the wording of the law. They allow the hosting of a lot of egregious criminal activity, including maintaining uncountable numbers of what the law would define as notorious marketplaces for criminal activity. The trouble is lack of enforcement. You cannot fix a lack of enforcement with new laws that will just go unenforced.