Although it would be much more exciting to have some world conspiracy, try to consider what that would mean. That conspiracy's so powerful it can singularly decide votes across a union of dozens of countries, and yet still feels the need to enact a law to invoke that power in the first place.
No, this is a much more benign form of government overreach, one born out of a normal desire to suppress citizens, and perhaps a healthy amount of regulatory capture by large corporations.
You don't think Jeffrey Epstein blackmailing US and UK celebrities and politicians on behalf of the Israeli government qualifies as a conspiracy? Or that Epstein was one of many similar influence assets operated by Israel? Hell, AIPAC even brags publicly about buying elections here in the US.
No, this is a much more benign form of government overreach, one born out of a normal desire to suppress citizens, and perhaps a healthy amount of regulatory capture by large corporations.