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Ok, so after a bit of research:

In the Netherlands the municipality would remove all the cameras; and the national authorities would fine the company into the ground and arrest key persons.

In Belgium much the same, except multiple overlapping authorities would tear it apart.

Germany would dissolve the company, destroy their data, hunt down many of the employees for criminal conspiracy; and the Bundestag would hear of it. Germany has... experience. [1]

[1] Depending on legal theory. I'm going for the good old 'and we're going to put them in prison for 200 years' worst case scenario. ;-)

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