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« We currently have no plans to limit the functionality of how WhatsApp works » “Currently” is an important word, as Facebook can’t be trusted thenextweb.com/news/whatsapp-says-it-wont-limit-functionality-if-you-refuse-its-privacy-policy-for-now
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“Given recent discussions with various authorities and privacy experts” Good news but my guess is that they also fear the users migration to Signal/Telegram
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A dominant position is the main reason to deteriorate your privacy. It happened with Facebook, it is now happening with WhatsApp. Here is an analysis (in french) pixeldetracking.com/fr/facebook-whatsapp-trahir-confiance