And the damage done to consumers would also be enormous. For whatever faults they might have, the regulations are intended to protect consumers, not harm them

And the damage done to consumers would also be enormous. For whatever faults they might have, the regulations are intended to protect consumers, not harm them with a scorched earth plan out of a libertarian fantasy. There are plenty of ways you can punish a company for wrongdoing without risking the consumer as much as that idea would.