One solution is shutting off Wi-Fi completely (including the background network scanning), but you would lose benefits like automatically connecting to known Wi-Fi networks and improved location awareness for your apps. It also does nothing to help the situation for others.
Pry-Fi will prevent your device from announcing all the networks it knows to the outside world, but it will still allow background scanning and automatically connecting to Wi-Fi networks. While you are not connected to a Wi-Fi network, the MAC address will constantly be pseudo-randomized, following a pattern that still makes the trackers think you are a real person, but they will not encounter your MAC address again. This will slowly poison their tracking database with useless information.
When you do connect to a Wi-Fi network, unless you specify otherwise, your MAC address will also be randomized – the same MAC address will not be used the next time you connect to this or any other network.