It's just that the entire industry has decided to ignore the implications and go on like that ruling never happened.
Well, almost. There is a serious effort by some companies to move off of AWS/GC/Azure and various other SaaS services.
This sounds as if Microsoft would not have access to data, which is managed by T-Systems independently. But there might of course be something in the fine print.
My browser is set to prefer English, cookie banners etc. are working, but the rest of the site won't switch, cannot find a button to manually switch either.
[0] https://geschaeftskunden.telekom.de/digitale-loesungen/softw...
It's the same model they use for operating in China.
From an operational perspective this makes things very hard - as you don't actually get access to the services - you need to run an operator from the independent company through the troubleshooting / mitigation for any incident.