This is so pathetic now. US companies does " pretend" to storage data in Europe, then, 4 years later a couple of them are found out they did not (others did too but were not found to doing so) and an investigation and lawsuit is brought up and 6 years later found guilty and penalized a maximum of 10% of profits for that year (so effectively 1% profit/yr cost of business). Profits brought by the breach of European safeguards... tens times more than the potential penalties. Any CEO has to, by law, give the maximum profits to their investors, and they are just doing that.

But of course, the EU just won't do that litigation dance with the Chinese companies, the EU knows well it is just a scam to pretend doing something to protect europeans... to Chinese companies, because US does not like, the EU just ban them. The EU will never ban a US company, no matter how many violations they do.