Those penalties don't always have exemptions for stopping service. In fact it might have the opposite to avoid trying to put political pressure by doing that.
Doesn't mean it is a regulated industry which is actually a very narrow term.
Remember you are generally required to follow regulations to collect sales tax which covers almost every company. That doesn't mean you are a regulated industry.
Medicine is a regulated industry. You can’t work as a doctor without an MD and good standing with the local licensing agency.
Banking is a regulated industry. You can’t start a bank without first asking permission. Your employees are held to higher standards than other industries, and with criminal repercussions for intentional or negligent violations.
Etc.
Banks are regulated industry. If you want to start a bank you have to submit your business plan to regulators for approval, and then operate within very strict rules with criminal penalties for intentional deviation, and government inspectors who come by to make sure everything is by the book.
Twitch, a video game streaming service, being regulated in the way investment banks and nuclear power stations are regulated is a weird claim to make.
Telecommunications is generally a regulated industry in most countries, as is broadcast media
> Twitch ... being regulated in the way investment banks and nuclear power stations are regulated is a weird claim to make
You are literally responding to an article that explicitly says Twitch was fined by the regulatory body in charge of telecommunications, not a "general commerce [regulator]"