Sources please.
The EU isn't perfect... But this sounds a lot like an attempt to give consumer protection agencies the powers to block scam sites.
From what I could see Julia Reda (MEP - German Pirate) wasn't unhappy about the intents of this legislation. Merely concerned about:
A) Website blocking without judicial oversight
B) Existence of website blocking infrastructure
C) Inability to force compensations
D) No restitution of illicit profits
I suspect (B) is already a reality, but yeah, I'm no fan. I agree that (A) is concerning, but wording suggests this can ONLY be applied when "no other effective means" are available. As I understand it that implies it can only be used when the owner can be found, sued or prosecuted by other means.
I read that as this applies to faceless scam sites without an address or anyone willing to take responsibility.
As for (C) and (D) I would love to see more of that. But the idea in her blog post that illicit profits (B) could be used for found consumer protection agencies is not something I agree with.