> Business's who depend on the livelihood of free speech: Google, Facebook

Given this legislation virtually guarantees their hegemony over European content distribution, I don't expect too much complaining.

This is fantastic for Google in Europe - they aren't making money from hobbyist publishing remixes and can easily filter it out with the infrastructure and training data they already have. They make money off Despacito and the likes with whom they already have a revshare in place.