Correct. From what I can read in the decision letter, Metas local Norwegian subsidiary, named "Facebook Norway AS", is being held collectively responsible for "fine of up to NOK 1 000 000 per day of non-compliance on Meta Platforms Ireland Limited and/or Facebook Norway AS" - https://www.datatilsynet.no/contentassets/36ad4a92100943439d...

Facebook Norway AS did, however, only have a revenue of about 6.6 million USD in 2022, with a profit of 3.6 million USD, according to https://www.proff.no/selskap/facebook-norway-as/oslo/reklame... . They have 27 employees. The revenue from Norway are however much bigger and was speculated to be 233 million USD in 2021: https://e24.no/naeringsliv/i/A3r1Mz/facebook-bokfoerte-bare-...

FB has datacenters in Denmark and Sweden, countries that are very friendly with Norway and that have plenty of treaties between them, such as the Helsinki Treaty. Piss one off enough and you might find that four countries go after you in sync.

And seizing those DC's is childs play for a nation state, where are they going to take them?