GDPR insists on inmformed consent
There is the GDPR clause requiring "the user" to provide "informed consent" to the "processing of their personal data". This means that the privacy policy must be within the reading ability of all users required to agree to the processing of their data.
I did my Masters paper on this very clause - this assessed many privacy polices for readability and then contrasted this with the profile of reading ability of their expected users.
he only company that came even close to meeting this "informed consent" threshold was the BBC. All other companies were dire - this included Amazon, Facebook and Microsoft - it also included various banks, on-line casinos. They could all fined for non compliance to GDPR simply because they can not credibly argue that they have "informed consent" for processing personal data.