Let's be clear here: The law is NOT to blame for cookie banners.

The blame lies with companies that would rather inconvenience you with a banner than respect your privacy by not collecting (and selling) your data..

https://www.politico.eu/article/europe-cookie-law-messed-up-the-internet-brussels-sets-out-to-fix-it/?

Europe’s cookie law messed up the internet. Brussels wants to fix it.

The European Commission wants to take a bite out of privacy rules that force websites to run cookie banners.

POLITICO
@vmbrasseur The cookie banners are also created as a dark pattern. One click to accept, multiple clicks to deny consent. Some refusal systems also seem to want entering a credit card number.