European Union Justice Commissioner Didier Reynders recently told German newspaper 'Welt am Sonntag' that the European Commission is aware of how annoying cookie consent banners have become...
I manufacture data about myself. Businesses want to collect this data for their commercial benefit and profit, without paying me. Cookie splash screens almost provide a method for this to happen legitimately, while still not providing me fair consideration.
Businesses should be prohibited from collecting user data, from taking value, without paying for it.
A ban wouldn't work, because data collection is endemic. The cat is out of the bag.
Compensation could work through legislation and a commercial structure that dictates how things should be bought and sold. In Germany, rent is decided by the local town hall (Rathaus) on a per square metre basis. Such a system is not without flaws, but it's better than unfettered abuse by those who have against those who have not.