Extortion is a stretch. Nobody is being forced to use these services.
And most social trackers and google analytics, and adsense, and most captcha alternatives or stripe anti fraud scripts.
People have sold their audience to FAANG for 2 decades now.
And let's not think too much about the Android and iOS ecosystems (phone, TV, "assistants" etc.).
Keeo in mind, it is only the largest 7 tech companies in the world that has to comply.
It is incredibly few companies.