If you watched the Senate hearing on privacy two days ago you'd have seen that they were remarkably on the same page about potential privacy legislation [1]. Facebook's continued fuck ups will only help the cause, and for that I'm grateful.
Of course they're on the same page. They can afford the best lawyers and as much infrastructure as they need to fulfill the requirements, while every new competitor gets sued from all angles. I'd be very surprised if any of that regulation actually serves the user in any positive way.
[1] https://www.c-span.org/video/?451963-1/google-apple-amazon-t...