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I can already see the pitch: “We fly your iPhone to the closest EU territory and will sideload the Game Boy emulator of your choice for only…”

there should be a French territory in North America somewhere

No should, there is

It is french, but it does not seem to be EU.

French law still applies there, therefore this one. Failing that there's a few islands in the Caribbean, and French Guiana that are in the EU.