[kuschku]

Facebook has custom-built servers in Sweden and Ireland, both of which could be easily seized via an EU-wide court warrant (which is actually possible to get).

And just seizing and selling their IP would be enough to encourage facebook not to violate the law.

Everyone would love buying their software and trained models.

[nulldev]

Fair point, which I suspect will eventually lead to all major tech companies radically scaling back their investment in Europe. The cost of doing business was already high, now it's prohibitive and tyrannical.

[kuschku]

The cost of doing business just with US companies is the same. The US will seize your assets, no matter where you are, if you as much as ever violate any of their laws.

Kim Dotcom is a good example.

Companies having to follow the law of where they provide their services is a far deal less prohibitive.

And, frankly said, I'd love it if Google, Facebook etc would leave the European market — as local competitors would appear very quickly, and, due to the huge size of the European market — would actually become viable competitors to the American companies even in the international market.