Their goal is to create a presedent so they can start applying it to platforms they don't like. Its happening all over Europe not just the UK and the plan is clear. They want to repress discourse that is not officially sanctioned.
They can try to set whatever precedent they like. But US courts won't accept the argument, so it'll just stay a fee that accumulates on some paper ledger.
And then the children of the admin are traveling somewhere and get yoinked as leverage by the UK/EU/Brazil/Whoever and all of the legal arguments in the world won't do you any good. There is only one law that matters in the real world as much as so many westerners want to put their head in the sand about it.
They did not because they were in the honeymoon with the US. They were buying weapons and expensive American services in exchange for security. This era is over.
Today building social network or a cloud provider is a trivial exercise. If the financial incentive is there (aka ban of US services), they will pop out like mushrooms.
