Google will launch tools limiting the use of tracking cookies on Chrome, however, it would not be as wide-ranging a restriction as on Safari.
The EU’s General Data Protection Regulation, or GDPR, goes into effect on May 25th, 2018, and it can impact websites that aren’t hosted in member states. If you want to see if the cookies on your website are GDPR-complaint, Cookiebot is a great place to start. You’ll get a quick audit of site cookies in a PDF showing how compliant—or not—they are. It’s free to try, and offers a little insight into how GDPR impacts websites.
That’s a pretty serious allegation, saying a single browser is going to sabotage the economic infrastructure of the internet.