If we are all subject to the same monitoring and there are no exceptions, that would be fair. However, if some people are exempt from monitoring because of their connections, relations, etc. then that would be unfair.
And if some people are allowed to harass and stalk others based on some attribute (race, religion, nationality, etc.) because they are in a monitoring position (while others are not) then that would be unfair as well.
We need full transparency.