The detailed responses to the UK Government’s Online Harms White Paper by UK children’s organizations is now available plus a summary of the recommendations: http://www.chis.org.uk/
In the larger document there are several examples or case studies which illustrate very clearly why self-regulation is dead. Without independent verification of the claims being made by companies or the industry everything has to be taken on trust and trust can be abused, both intentionally and unintentionally. There can be no independent verification if the body responsible for doing it does not have the legal powers to require companies to answer their questions.