“...This is the EU trying to rule the USA and the Internet....”
They try this a lot. What else would we expect from a bunch of Socialist countries who cannot make their own money...oh, wait, socialism does not work.
They have not figured this out yet.....
One thing this is no doubt and attempt to do is outlaw profit making companies from the Internet.
GDPR has all kinds of gotchas that allow for ruining a company.
I fully expect an EU, “Gosh, we tried to regulate the Internet but it just didn’t work. I guess we’ll just have to take it over.”