You already know what happens next...
American sites that didn't want to deal with the GDPR headache simply blocked everyone from the EU. If Google doesn't want the headache of dealing with $Location, they'll just block $Location from accessing Google search. Other search engines will still let $Location access their search results, but it won't be the same.
I hate to say it, Google makes me sick, but in the same way that the $5B GDPR fine made Google follow the ruling but simultaneously give TheFinger to the EU (we'll decouple it all, but now we'll charge you for every little thing), Google may do the same kind of craptastic maneuver with search in $Location.
"You want to try & hold us responsable for the shit someone else does? Fine. We'll start charging you to provide search results. It's now 25p per result. Payment made in advance. Credit Cards not accepted. Cash only, payable at your local $Store. Please visit $Store, pay for the number of results you want, & register yourself so we can deduct the results from your account."
If you didn't think Google had you by the short & curlies before... =-(