Not following this too closely, I thought that's possible now, or at least as soon as the last few holdout apps get updated?
Until the law that defined informed consent actually get enforced, a new law can not really fix it unless the regulators start to add the threat of jail time to repeat offenders.
No need to add the threat of jail time, _especially_ if it isn't enforced.
This is not the case. The fines are up to 2% of annual global turnover. This scares companies.
Moreover, some of the worst offending cookie banners are slowly being replaced by better ones as more and more organizations (such as noyb) file official complaints and companies get fined.
You are wrong. The initial fine is much, much lower and companies have so long to dabble in wilful ignorance that it is at the moment not something that has teeth. Companies are like bullies, they don't respect threats - only harm.
Another diluent: the maximum fine is practically the lesser of 2% and the NPV of business in that European country, or, expansively, in Europe. If you have little business in Europe, it’s cheaper in some cases to simply close shop.
Companies are not doing much because enforcement is lacking, and in case you get caught, most fines are in the neighborhood of reasonable rather than instant liquidation.
[0] https://noyb.eu/en/irish-dpc-handles-9993-gdpr-complaints-wi...
> Infringements of the following provisions shall, in accordance with paragraph 2, be subject to administrative fines up to 10 000 000 EUR, or in the case of an undertaking, up to 2 % of the total worldwide annual turnover of the preceding financial year, whichever is higher (emphasis mine).
As for the absolute sum, there is no limit.
If they change their ways then good, if not Noyb has a much more solid case when making a complaint to the SAs and/or the courts.
[0] https://noyb.eu/en/noyb-aims-end-cookie-banner-terror-and-is...
Believe me, I would have opted out of this had I been prompted to do so during setup.
[1] https://eu.community.samsung.com/t5/galaxy-s9-series/default...
This is somewhat different from most tracking done on the web, which is done for the exclusive benefit of those doing the tracking.