As a European, the situation is only slightly better for me. Formally I have some rights, and some things that are legal in the US may be illegal here, but that has not kept any company from doing it anyway. I have yet to receive better privacy in real terms, and hope GDPR will finally make the mass intrusions unprofitable, maybe even criminal.
There was the Bye Bye Facebook event here yesterday, 10k people from the Netherlands deleted their Facebook accounts.
Personally I'm waiting until may 25 to do this: I hope that after that date, Facebook will be legally required to really delete my data, and be liable if they don't. I'm afraid that before that date, they'll just hide that data from me, and continue adding to it by tracking, and continue selling it to advertisers outside the Facebook site.