And even then it seems risky the EU will deem the business model entirely in violation of privacy laws. It's very chilling

When the EU finally completes their utopian/dystopian ideas of privacy from foreign Internet services, the great firewall of Europe, perhaps then EU regulators will look inward and do the same things?

But for now it all has the appearance of disfavoring International Internet services, as if to encourage regional tech companies to advance.

Which seems reasonable, Europe seems to have lost most of it's Tech companies, and that's a problem that needs to be fixed. It's just weird to go about the problem by claiming International companies are in violation.