>To continue with the example, if the EU secures judgement that Google is not stopping services & refuses to abide licensing requirements, other assets Google has within the EU's jurisdiction can be at risk.

But Google is already not operating within the EU in this scenario. Google says "no thanks we dont want to play by your rules" yet google.com still exists and EU users can access it. That's why you have to block it, along with anyone else that doesn't go along with the proposed forced tech transfer to a domestic company. Or you dont block it and you arent enforcing the proposed rule.