To be fair, one solution is new regulations but another is removing legal protections. Consumers have effectively no avenue to legally challenge big tech.
At best there are collective action lawsuits, but those end up with little more than rich legal firms and consumers wondering why anyone bothered to mail them a check for $1.58
Wrong - the people who actually get the legal firm to initiate the suit typically get much higher payout than generic class members, which makes sense imo and explicitly helps resolve the problem you are identifying.
Happy to be wrong there if those individuals who initiate the suit get a large return on it. I haven't heard of any major payouts there but honestly I don't know the last time I only saw the total suit amount or the tiny settlement amount I was offered, could definitely be a blind spot on my end.
At best there are collective action lawsuits, but those end up with little more than rich legal firms and consumers wondering why anyone bothered to mail them a check for $1.58