He's a danger to his fellow professionals, he's exhibited it for years (heel-raking, back-stamping, eye-gouging, hair-pulling, stomach kicking, basically whatever he thinks he can get away with, usually followed by feigning injury). That's not even touching on his other propensities (diving, racism, handball, card-waving etc).
Anything less than a ban from ALL football after his THIRD unprovoked biting incident would be a joke.
And yes, both Uruguay and LFC deserve to lose out because both have indulged and enabled the cheating, snidey toe-rag.
EDITING to say: Whenever he does get back on the pitch and next sets out to injure a fellow pro (which he WILL), I hope his intended victim turns round and volleys his teeth down his throat. It would be the most fitting punishment imaginable.