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This seems like potentially an extremely expansive power. Especially since most companies regularly infringe regulations of various sorts at one time or another.

Could a company (e.g. the Trump Organization) be hauled up if it were suspected to be selling, to EU nationals, packages comprising both a hotel room and (say) a tour of the White House or some other non-ancillary tourist service without complying with Directive 90/314/EEC ( Presumably the New York courts wouldn’t be able to get a preliminary ruling on for example what counts as “other tourist services not ancillary to transport or accommodation and accounting for a significant proportion of the package”.

I just don’t think that Quo Warranto is intended to be used in that way.