Ubi,
I presume the value of lawsuits would be preventive:
it takes years and lots of money to build a factory. If you know that you’ll be sued even some years later, you presumably will not get money from investors to build it in the first place.
I am not saying I am against all regulation, just calling for considering alternatives. I, in my business, not polluting anyone’s waters and I am responding to so many government requests that it takes a significant cost and attention from running the business. So, I do believe that there is overreach.