The problem here is: the EU currently works quite well overall for its citizens, precisely because there isn’t really one big player. It is considerably more difficult to commit crimes and atrocities on the scale of the US, Russia and China when you’re small, weak, and all your close allies are watching you. I don’t have any doubts that a united EU, a federation perhaps, like it was originally intended, would be the greatest power the world has ever seen. But it would come at a great cost to all of its citizens. In anywhere between 50-250 years it would most likely develop into an empire similar to the ones we have right now. Unless we could figure out some sort of new structure to combat these challenges, which in itself is a major undertaking.
This is neither new nor surprising. They casually break EU-US personal data transfer agreements like they’re nothing. They know perfectly well they will be fined, but they profit infinitely more from breaking EU law than they have to pay up in fines. It’s a simple business decision. The EU Comission is being very lenient here, like they’ve been for years.