True but generally speaking American companies usually have much better customer service and better refund policies than European ones. The issues usually stem when a company corners the market or has no viable alternatives.
So maybe the American way of doing things can also work if a healthy competitive environment is preserved.
The problem lately is that American companies have become monopolies and the formula firms extracting profits or stock hikes for the shareholders dictate that they screw the user up until barely legal territory.
So maybe America can roll without consumer protection laws and agencies if they can fix the business environment.
They just need to find a way out of enshittification, a process US companies perfected.