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European Union set to revise cookie law, admits cookie banners are annoying
(www.techspot.com)
This is a most excellent place for technology news and articles.
How could you enforce a ban on any kind of user data and how could such a compensation system even work?
A ban wouldn't work, because data collection is endemic. The cat is out of the bag.
Compensation could work through legislation and a commercial structure that dictates how things should be bought and sold. In Germany, rent is decided by the local town hall (Rathaus) on a per square metre basis. Such a system is not without flaws, but it's better than unfettered abuse by those who have against those who have not.
I don't know where you have your ideas about Getman rent from but I assure you that, barring some rent-control, the German rental market is free.