Meta is way out of line. There is absolutely no way that the EU is going to allow Meta to break the law at scale without regulators throwing a fit. They might even get to be made into an example of what happens when you repeatedly try to knowingly break the law.
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I'm not convinced that's true. I think most people quite dislike Facebook these days. And I know hardly anyone (of any age demographic) who uses it regularly. Popular opinion on Instagram is less negative but declining. People do still use WhatsApp and Facebook messenger, but I don't think switching would be seen as a big deal if these were banned (just like everyone suddenly installed Zoom in 2020). The only reason they have sticking power is because of network effects.