Pretty much.
Bacary, Sagna, Sakhou, Koscielny, Nasri, Matuidi, Diarra, Maloud, Djoarkaeff, Malouda, Benzema, Ribery could have played for another country.
From what I can gather, there is unhappiness amongst the French that France is represented by people who have are considered/thought not to be considered fully French. I have seen some media complain that sport is a meritocracy and that any quota is racist.It seems the FFF want to limit the number of players with dual-nationality to 1 in 3.