Yeah... that's not it. I used to handle escalation tickets on SO and we were handling tickets from the EU years before I joined. Also, that's not how any of this works.
The disconnect between regular users capable of flagging (though the "what is an acceptable flag" has likewise gotten more and more restricted too - see also "not an answer" is not the right flag if there was any attempt to answer, even if it was the wrong answer to the wrong question), moderators, and corporate makes trying to have a community run site difficult - especially as the tools that one would use to manage, moderate, and curate it get more and more restricted.
The curious part of the "is this it?" with the digital services act is that it was signed into law 6 months ago (November 2022) and has provisions that have a 6 month window and concerns moderation of users and improperly removing their content.
Anyways, that was my unfounded speculation.
I am still disappointed that incorrect information written by a human isn't more severely moderated or curated on SO and SE sites. If I'm going to get wrong information, might as well get it from a source I need to double check anyways and is in a more consumable format. The value of SO was that "good answers are voted up and rise to the top" which is much less commonly the case anymore.