There's a balance somewhere, hopefully. The ideal as I understand it is to fix the specific problems (oversized/undersized organizations, excessive or insufficient regulatory power, etc., etc.) and let the overall power(/size) adjust itself consequently.
I think Frumple put it quite eloquently. Government regulation is needed to an extent. In an ideal world, we wouldn't need it, but we don't live in an ideal world.
The biggest problem with a government is that it naturally wants to expand and control more aspects of its nation. In doing so, it begins trying to control needless and, eventually, potentially harmful aspects of its citizens' lives. It is also easily influenced by sources of 'donations' and 'information' - Money is needed for officials to get reelected, and information is used to decide on legislature. The unfortunate thing is that the information provided could be false, and be backed by sizable 'donations' towards an incumbent's next election.
The government is also uncomfortable sitting around doing nothing, so it feels the need to constantly throw out new legislation. The legislation is often stuffed full of earmarks to garner votes as incumbents attempt to bring more of the cash to the folks they're representing (And thus earning more votes).
All of this is harmless to a degree, but it gets to the point where serious decisions need to be made as to what laws, institutions, and influences are good for our country. Unfortunately, more politicians only see the next election, and no one is willing to give up their slice of the pie.
As far as ACTA and SOPA go, politicians see the 'educated internet community' as a minority, and folks who like Hollywood as a majority. They're working towards earning more votes by throwing out non-issues that are made to seem large and important by the companies that are supporting them. The businesses put the message out ("OMGoodness, Pirates!") and the government reacts ("Smash pirates with nuke!"), and both groups "win", and stand proudly over the smoldering remains of what was once the Internet.
So, it's related enough to warrant a bit of discussion, but not
too much.
But it really doesn't matter, because, as President of the Moon, I declare myself a dictator and use my powers to outlaw my own death, allowing me to wisely judge the Moon with infinite wisdom and justice for eternity.