true they are legally required by EU law to follow GDPR, but then it gets into enforcement, Facebook et. al might like to not follow GDPR but they are big enough then have holdings that the GDPR can take money from.
If omg.lol does not have any business in EU it is probably not going to actually be a problem for them because EU is unlikely to go to U.S court to try to get money - also because I believe that probably wouldn't work.
However
1. if they are trying to get purchased by someone they probably should consider potential buyers probably don't want to buy a bunch of EU liability.
2. they should probably refrain from any sort of ambition that would give them such a business in the future because regulators can be really mean when someone does this kind of funny stuff.
3. if they don't pay if called on it maybe there would be a situation where they would get blocked - not sure about that but seems reasonable reaction.
If omg.lol does not have any business in EU it is probably not going to actually be a problem for them because EU is unlikely to go to U.S court to try to get money - also because I believe that probably wouldn't work.
However
1. if they are trying to get purchased by someone they probably should consider potential buyers probably don't want to buy a bunch of EU liability.
2. they should probably refrain from any sort of ambition that would give them such a business in the future because regulators can be really mean when someone does this kind of funny stuff.
3. if they don't pay if called on it maybe there would be a situation where they would get blocked - not sure about that but seems reasonable reaction.