> There is no jurisdiction if those companies don't have a presence in the EU. None. Show us international law where this would be applicable.
If you are doing business with people in the EU, then you have to be incorporated or otherwise have agreements (explicit or implicit) with the EU countries you are doing business with. GDPR applies to you or you will no longer be able to do business with the EU. If a company wishes to not have their ability do business with the EU revoked, they have to comply with GDPR (including its fines) as well as all other EU (and local) laws.
I really don't understand how this concept is difficult to grasp. Countries give you permission to do business with them -- if you break their laws they can revoke your ability to do business with their residents. Most large companies would probably lose much more money breaking off ties with the EU than they would complying with GDPR fines. If you continue to violate a country's laws you could be extradited and so on.
> somehow their laws magically apply to everybody in the world "doing business over some fiber".
If you are providing a service to a group of people, for money, then you are doing business with them. Pretending as though this is not the case just because the process is conducted through under-sea fiber cables rather than mail couriers is ridiculous.
If you are doing business with people in the EU, then you have to be incorporated or otherwise have agreements (explicit or implicit) with the EU countries you are doing business with. GDPR applies to you or you will no longer be able to do business with the EU. If a company wishes to not have their ability do business with the EU revoked, they have to comply with GDPR (including its fines) as well as all other EU (and local) laws.
I really don't understand how this concept is difficult to grasp. Countries give you permission to do business with them -- if you break their laws they can revoke your ability to do business with their residents. Most large companies would probably lose much more money breaking off ties with the EU than they would complying with GDPR fines. If you continue to violate a country's laws you could be extradited and so on.
> somehow their laws magically apply to everybody in the world "doing business over some fiber".
If you are providing a service to a group of people, for money, then you are doing business with them. Pretending as though this is not the case just because the process is conducted through under-sea fiber cables rather than mail couriers is ridiculous.