I'm ignoring the FOSS/prop problem, in fact I'll stay clear of the whole load of snake-filled pits involved with this kind of legislation. But the overall impact will be one of increased profits for the corporates, and almost 100% likely a PITA for consumers.
The Corp$ WIll Benefit
...cost some €29 billion, but with €180-290 billion saved...
When advertising for tobacco was outlawed in the UK sales of baccy did not fall. Marketing spend did though. So the corps benefited, hugely. No single tobacco company would have benefited from going-it alone and dropping marketing spend, they would probably have lost market share. Forcing all $Corps to comply will mean they can all shift their pricing without breaking market positioning. For a larger profit margin, ofc.
Short term outlook: increased revenue for the corporates; for the consumer, every app has "We use cookies" plastered all over it.
Biting the hand that feeds IT
