Even an amateur like me can cite arguments against these suggestions off the top of my head, before my first cup of coffee’s kicked in. At least the authors had the brains to add the “cons” to the “pros,” but even their “cons” don’t encompass everything that’s dumb about this.
I mean, look at this:
Imagine having a regulator reviewing every eBay auction.
This is “Treaty of Versailles” level “unintended consequences” stuff.