The government has outlawed murder but your local law enforcement isn't investigating the murders. You're blaming the lawmakers for writing "bad laws" in this situation, why?
First order of blame goes to the national DPAs for not carrying out their duties.
Second order of blame goes go to whichever EU authority is responsible for penalizing EU member states for non-compliance. There should be serious consequences for non-enforcement like frozen funding. (I don't know what the actual legal process is)
> If people care about privacy, then over time they will migrate to companies and services that respect their privacy.
This is just a libertarian fairy-tale that is designed to sound sensible and rational while being malicious in practice. It exploits information asymmetry, human ignorance, network effects, and our general inability to accurately assess long-term consequences, in order to funnel profits into the hands of the most unscrupulous businesses.
In other words, there's a reason why we have to have regulations that protect people from themselves (and protect well-being of society as a whole).