»If some businesses get killed in the process, so be it.«
The problem with this attitude is that the rest of the world often doesn’t have these strict regulations and as result, businesses aren’t killed but just leaving the country.
If a business can't be profitable while treating employees, customers, and the environment well, then it going out of business or leaving is not a loss.
Is that a justification for resuming slavery, child labour and dumping chemicals in our rivers?
And as a result you get monopolies like TooBigTech and you can't compete anyway.