Wait, where's the Facebook/Meta ban? Is unlawful data collection only unlawful if it's done under a foreign adversary? I guess not to the US Government where their interests align with adversarial data collection practices against its own people.
It's not about data collection, it's about being able to manipulate viewpoints based on that collection and access to people's eyeballs.
Facebook / Meta are not controlled by a foreign adversary as designated by the "Protecting Americans from Foreign Adversary Controlled Applications Act". Thus they cannot become subject to the distribution restrictions designated by that law.
The core factor in the law is control by a foreign adversary, it's not a law that outlaws data collection.