Yes, you are. The legislative process around EPD/EPR fully anticipated the malicious compliance and it became a back-and-forth political football long before anything was passed. The legislators were never dumb and the corporations were always greedy+powerful.
I had one of the providers recommending us that we leave the "Decline All" button out of Europe, since it's not widely prosecuted, buy recommended that we add it to California, since chances are slimmer.
Naturally in a camera meeting with a "don't tell anyone we said that" appended right before.
The marketing people in the meeting were very angry that California was "doing it to them".