It's not a law, it's a voluntary code of conduct given heft by EU endorsement.
“Heft of EU endorsement.” It’s amazing how Europeans have simply acquiesced to an illegitimate EU imitation government simply saying, “We dictate your life now!”.
European aristocrats just decided that you shall now be subjects again and Europeans said ok. It’s kind of astonishing how easy it was, and most Europeans I met almost violently reject that notion in spite of the fact that it’s exactly what happened as they still haven’t even really gotten an understanding for just how much Brussels is stuffing them.
In a legitimate system it would need to be up to each sovereign state to decide something like that, but in contrast to the US, there is absolutely nothing that limits the illegitimate power grab of the EU.
> it's a voluntary code of conduct
So then it's something completely worthless in the globally competitive cutthroat business world, that even the companies who signed won't follow, they just signed it for virtue signaling.
If you want companies to actually follow a rule, you make it a law and you send their CEOs to jail when they break it.
"Voluntary codes of conduct" have less value in the business world than toilet paper. Zuck was just tired of this performative bullshit and said the quiet part out loud.