Not in France, personal data is collected with a specified purpose (and bullshit/overly broad "purpose" can get you sued), using said data for other purposes is illegal.
You (as a company) never own personal data per-se, you are lent that data by the subject, if you will.
As a side not, this gets into the whole "Right to be Forgotten" which the EFF is mostly against, since in the EU it can be used by many as a form of censorship.
Politician does something corrupt. Then they order takedown notices across the web, because it is about them personally.
The Right to Forget allows them to obscure their dirty deeds.
Some Googling led me to the trial of some German woman who was quite notorious among the anti-scammer community for running several spam rackets. People would spend a lot of time figuring out her connections between different font companies, data brokers, and whatnot.
Until one day Googling her name wouldn't give any results at all; Couldn't look up any addresses anymore, couldn't look up company registers with her name anymore, it all just came up blank with a notification on the bottom of the search results, informing me that Google removed some results due to the EU right to be forgotten.
It's very likely this woman is still running a very profitable spamming business with a side-business of selling data caches. Sure, one could argue that it's actually government agencies job to handle something like that, but these agencies also depend on search results, especially with something as obscure as the spam industry.
I don't think that's something they can easily disable by region without breaking way too many things.
I was watching anime in a old TV without any internet connection and at the same time browsing reddit on my laptop. Things like this make me feel no guilt for using ad-blocks.