I expect that in the EU, this is somehow only going to apply to small EU companies. I'm sure there's technical reasons for that, that are currently thoroughly de-emphasized, difficult to find, but that will be the outcome.
This is also too little, too late, as usual in the EU. Extremely large companies have already profited incredibly of of this.
Plus, most provisions are again people, business people, refusing to pay for software. As a software engineer, I can't say I like this idea.
You say it like that's a bad thing, surely that's fair actually?