EU regulations aren't necessarily designed for privacy, they're designed to troll US tech companies. Covering the screen in cookie dialog boxes didn't accomplish much.
One of the upcoming ones seems to just ban Kickstarter.
especially the mentioned banners affects US and EU companies alike (or at least did until the US decided to claim rights on EU citizens data through the Cloud act...).
Wrt. to the cookie banner it you mean the one coming from GDPR then the problem is missing enforcement. It must be as easy to opt in as to opt out this means:
- two clicks to opt out one for opt in => illegal
- dark patterns which makes it easier to accidentally opt in => illegal
- spamming people which don't agree to being spied on with "dialog boxes" => illegal (GDPR allows some forms purely functional data storage without consent, for example a non-3rd party cookie to remember that the user is opted out _which is not used for tracking_ is legal without asking for consent, hence there is a technical easy and legal way to not spam people with dialog boxes, hence making it harder for people to opt out by repeating forcing them to redo the action is illegal). Naturally doesn't apply if you clear cookies.
One of the upcoming ones seems to just ban Kickstarter.