The Final Version of the EU's Copyright Directive Is the Worst One Yet | Electronic Frontier Foundation
While I still can, I'll quote from the above:
I'd be crapping myself if I was running an EU-based tech firm, particularly say, a search engine, or a forum populated by idiots posting links from all over the interweb. 
While I still can, I'll quote from the above:
Under the final text, any online community, platform or service that has existed for three or more years, or is making €10,000,001/year or more, is responsible for ensuring that no user ever posts anything that infringes copyright, even momentarily. This is impossible, and the closest any service can come to it is spending hundreds of millions of euros to develop automated copyright filters. Those filters will subject all communications of every European to interception and arbitrary censorship if a black-box algorithm decides their text, pictures, sounds or videos are a match for a known copyrighted work. They are a gift to fraudsters and criminals, to say nothing of censors, both government and private.
These filters are unaffordable by all but the largest tech companies, all based in the USA, and the only way Europe's homegrown tech sector can avoid the obligation to deploy them is to stay under ten million euros per year in revenue, and also shut down after three years.
These filters are unaffordable by all but the largest tech companies, all based in the USA, and the only way Europe's homegrown tech sector can avoid the obligation to deploy them is to stay under ten million euros per year in revenue, and also shut down after three years.
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