Fascism. It’s fascism.
Economic and social collapse dislocates a lot of people. It dislocates people who think they shouldn’t be dislocated, because they played by the rules. They go to church, they had a job, they’re patriotic to their best understanding of the word.
Then, in their minds, something must have changed. It might be the immigrants, or the Jews, or the gays, or weirdly drag queens for some reason this time around. Then someone comes along who validates them as victims and promises a return to their historical glory days.
The last paroxysm is the election or ascendency of a far right populist who elevates that narrative. They promise to restore national pride and return to traditional values, and to return the nation to its roots which had made it strong and put them on top.
It’s happened multiple times around the world, and there are a lot of books and articles on how and why it happens.
Because they make more money than they’re paying in fines. They also may be making more money violating laws than they’re paying in fines, but that’s how they’ll have to determine how they conduct business.
Basically - and this is mostly for tech but I suspect it applies to other markets - the US is the single largest market. “Europe” is second, depending on how you want to define it, but even just the EU is a very big market. China is big and growing, and most companies are trying their best to keep growth there. Asia collectively could be huge, but the attempts to collectivize Asia have not worked out well, historically speaking.
But the takeaway is that a company will exit s market if it’s losing money, generally speaking. No one is sacrificing earnings to make sure Belgians have access to the latest phones out of the goodness of their hearts.