Earlier quoted context omitted.
Any company that has an operating entity in an EU country must comply or risk being fined by regulators. If the target is big enough, EU regulators will ask for help from other countries. Zoom operates offices in a few EU countries[0] so they'll definitely have some sort of entity(ies) setup - regulation pressure can be applied. [0] https://zoom.us/contact
You're right, I checked and Zoom does have offices in Paris and Amsterdam. I suppose then they have the choice of doing Google's playbook in China and just close their EU offices if they wanted, instead of complying. I mean, China wanting censorship and EU wanting GDPR aren't any different. Without arguing for or against either, China's censorship and GDPR are both local laws and foreign-based companies with no local…
By accepting customers from the EU you are setting a foot here albeit economically and not physically. You are free to not serve european costumers if you do not want to deal with the GDPR.