EU privacy regulations and the GDPR are a complete farce. You'll notice that the EU's own government websites are littered with cookie banners. They want the data just as bad as everybody else.
The goal was not in any way to protect privacy, but rather to extract rent from American tech companies.
Big cookie banner. Wait. What's that. It's not a modal? And a big "Accept only essential cookies" button with the same visual weight as the "Accept all cookies" button? Surely everybody does it this way because it's literally what EU law requires - surely nobody would try to trick people into clicking "accept all" by hiding the alternative behind multiple layers of opaque options and checkboxes.
Technical cookies... functional cookies... boring - most of these are just for handling logins and preferences. Ooh, analytics! But what's Europa Analytics? Let's check: https://european-union.europa.eu/europa-analytics_en
Oh, they are not only opt-in, they even respect DNT headers. And they're masking the IP addresses before processing them further. Damn, they must really want that data just as bad as "everybody else".
The goal was not in any way to protect privacy, but rather to extract rent from American tech companies.