We all like hating big corporations, especially Meta, and people seem to use this as an opportunity to advocate for punishing them. I think it's wiser to advocate for changing our IP laws.
You're conflating different problems. Big corporations are too big, they should just not exist. When you have corporations more powerful than the government of the biggest states, it's a bug, not a feature. The IP laws may need rethinking. Saying that they should disappear because big corporations are above the law doesn't help, though. First kill the big corporations, then think about fair laws. Changing the law now…
I don’t know how you define powerful, but I highly doubt it is at that point.