They’ll make the argument that the customer has a reasonable choice: see targeted ads or pay for the service.
I’m betting They’ll follow up saying the business model in the EU will not be viable without personalised ads (which it really probably won’t) and that they’ll consider leaving the EU altogether. Then the EU can have fun figuring out what will be the economic impact for its economy after they get cut off the largest social network
Meta has ditched Canadian news already. If the finances don’t make sense in the EU, I won’t be surprised they just ditch it