This, I think, is the real answer why this is happening. The motivation behind these huge fines on large U.S. tech companies by EU countries is actually "we need revenue", not "we must protect our users". I would expect this to become another source of strain between the EU and the US as the EU economy continues to atrophy. Especially so if the U.S. economy weakens, too.

European companies are fined all the time as well, you just don't see the news about it, there definitely no ill-intent vs american companies as you are trying to imply