This. It’s a shame a magazine called “Economist” eschews the simple answer any economist would provide and instead advocates a complicated regulatory scheme like this.
A ban works if it's enforced. But who's going to call the enforcers when there's a violation?
This is the reason the tragedy of the commons exists.
And it's also easier for those who want to use a resource to respect the law if there's still a legal way to access the resource.
This is not a hypothetical; it's the reality fishermen have been dealing with for decades.