I think it's self regulating just fine. It's met the needs and desires of the majority. I just think Privacy advocates are a very vocal very small minority whom found themselves in power in Europe. Basically everyone save a select few would rather have the convenience Facebook has brought over the privacy GDPR tries to bring.
I assure you the majority would rather have free services than self righteous lack there of.
The majority do not want nor really care about Privacy to such an extent. The majority do not see themselves as easily manipulated, and do not see the harm.
I happen to agree and think the EU has killed the economy in the name of something no one really wants.
I think you are right. What we have here is an issue that a small percentage of people care very deeply about and others agree with them in principle but don't really care. Now that this issue is going to affect everyone in ways they notice, they will start to chime in on the other side. I think many people would rather pay for things with data than money. GDPR seems to go too far in that it doesn't even allow that (companies can't deny someone using their service if they don't opt in to tracking)
The EU parliament is democratically elected. It reflects the preferences of the majority of people, even if perhaps not perfectly. The other EU bodies are composed of people selected by national governments that are, again, democratically elected.
So the only possible argument similar to what you are saying is that in the time since the last set of elections, the population changed its preference and it's not yet reflected in the parliaments.
>I assure you the majority would rather have free services than self righteous lack there of.
