European law imposes a great deal more obligations on a business than that. This claim is simplistic to the point of disingenuousness.
Also not a "European law" by any measure or understanding, that's a international organization that does police cooperation across the continent (and further), it isn't even a law enforcement agency... Not exactly sure how you could confuse that with laws, but here we are.
Equally surprised would be the authors of very many legal books and journals, e.g. https://www.cambridge.org/core/browse-subjects/law/european-...