> This situation calls for an urgent revision of the ePrivacy Directive
Shame companies cannot live without tracking cookies, and shame that the blame somehow end up on the regulation, rather than the companies who are the ones who introduce this cookie banner and "massive productivity loss".
You know the best way of not having to put up cookie banners on your website? Don't store PII in cookies. You know the best way of not having to care about GDPR? Don't store PII.