If you ask me, it all sounds like GDPR Extortion to me. If you are looking to stun growth, kill online startups, and fine sites millions or billions of dollars. GDPR, in my opinion, GDPR is not pro-business, they are anti-business, and their new law pretty much backs up those claims, now the EU is coming out with some lame copyright proposal that will further alienate people from starting any type of online business out of fear.
I am not sure what type of debt that the EU is in, but it seems to me that these new absurd laws is to fine websites so they can make massive amounts of money, and if I did not know better, all this would imply that the EU wants to control the internet on their terms, pay to play, and if the GDPR ever collects any of these ungodly fines, then where does this money go? to the EU debt fund or something? or maybe to those people that created the GDPR to begin with, all of this has the same stink, and has to do with money, power, extortion, and control.
Think of it this way, if your site is not within the EU, do you want another country controlling what you do? I am not sure what everyone else thinks, but I think what GDPR / EU is doing is completely unethical to say the least, and I am not sure how anyone else can say otherwise.