> we should be able to make our own decision to give up certain types of privacy in exchange for something of value
This is what these laws are all about.
People volunteer personal information because they believe the website will use it with their best interests in mind. There is a well-defined goal and achieving it is the only reason the website even has access to such data. For example, people give their home address to an online store so they can ship orders. Selling this data to marketers so they can spam the consumer's mailbox with advertisements is outside the scope of that goal.
Websites should collect only what's strictly necessary for them to do whatever it is that they do. They should use this data only for this purpose and ideally delete it afterwards.
This is what these laws are all about.
People volunteer personal information because they believe the website will use it with their best interests in mind. There is a well-defined goal and achieving it is the only reason the website even has access to such data. For example, people give their home address to an online store so they can ship orders. Selling this data to marketers so they can spam the consumer's mailbox with advertisements is outside the scope of that goal.
Websites should collect only what's strictly necessary for them to do whatever it is that they do. They should use this data only for this purpose and ideally delete it afterwards.