Which of the following is not a feature of the General Data Protection Regulation $($GDPR$)?$

It applies to all firms doing business in the EU$.$

Its protections of the privacy rights of EU citizens apply worldwide, regardless of where processing of the data takes places.

It imposes fines on companies for violating the regulation up to $4$ percent of a firm's global revenue.

It creates a single EU privacy policy.

It prevents firms from using cookies.