I think your response is only half right. To the extent the service you wish to access enforces location based rules, in some cases appearing to access from a different location where those rules do not apply, you may benefit.

But for services that are EU specific where ostensibly 100% enforcement of compliance exists, then it doesn’t matter where you appear to come from.

Trivial services like Facebook–you might be able to login from another venue. Important things like your bank, the tax authority, your healthcare, insurance and so forth will be largely domestic and therefore no benefit to VPN’ing.

Legislators who try to make such laws should be summarily executed.