Previously when the EU has ordered US companies to pay penalties of a "few billion EUR" for trade abuse there has typically been a lot of jingoistic outrage here. This one will be interesting to watch.
If they did that, they’d demand universal healthcare, paid parental leave, mandatory paid time off, higher agricultural health and animal welfare standards, tighter pollution standards, better antitrust and open markets regulation (e.g. alternative app stores, standardized phone chargers, right to repair) affordable university education, etc.
Its very easy to understand the motives but other countries lack back bone to ban these companies