We're not just talking about "violating laws". That happens all the time, mostly accidentally. We're talking about a company that willingly ignored the laws, was sued in Europe, fined millions, doesn't pay, all European assets have been ceased and now operates by "lol come and take it".
Most companies don't have European assets, so yes "lol come and take it" is valid. There are many companies in the world that could explicitly and willfully violate every aspect of European laws and there is nothing that can be done about it. The other post was essentially saying there is no recourse to companies that do not have have European assets.
There are multiple things that could be done. The EU could deny entry to employees of the company. They could ask the country of the company to press charges there. Of course the country could also ignore the EU, but than it would risk its good relationship with the EU.
