Earlier quoted context omitted.
> Then EU will essentially become free of tracking networks. It might take a few years, but I think the intermediate annoyance is worth it. I don't disagree with you but I think it is more likely that these companies will just not let EU peoples use their sites at all. One BIG fine (and you know they're salivating at the prospect of getting multi-billions out of Google and/or FB) and doing business in the EU becomes…
Some will choose to adjust practices, others might choose to block the EU. If they're happy to lose that many users, as they think tracking is more important, would that be so terrible? It might even encourage some more ethical alternatives, or some real attempts to solve micropayments.
And yes, I do consider it terrible that my nanny state government decided what is best for me, over some hysterical fears about tracking. I don’t give a damn. I don’t consider tracking of me in the way the browser can do actual personal information.
I’m OK with a strict regime for actual personal information, like name+address, heck, even spam data like phone and email, but extending that to tracking cookies, at the enormous cost in usability we’re already seeing, is ridiculous.