It's about as effective as the GDPR - which means very strong regulation and penalties on paper, but no actual enforcement of said penalties once you breach it - all bark and no bite.
(please, don't reply with that "enforcement tracker" link - a billion is nothing for Facebook and especially not when it's in exchange of 7 years of continuous and blatant breach of the regulation)
(please, don't reply with that "enforcement tracker" link - a billion is nothing for Facebook and especially not when it's in exchange of 7 years of continuous and blatant breach of the regulation)