Europe tends to come up with these odd schemes. Like the one they tried that only a garage can open the bonnet, (hood) on a car. So an owner cannot check their own oil or water levels. That disapeared.
Europe also wanted to make it compulsory that only a manufacturers parts can be used on a car. It was pointed out that each manufacturer also markets their parts for other makes of cars. That one also disapeared.
Europe tends to like large businesses and dislikes small ones as they are harder to control. So small creaters would find it difficult under this new law and close down.
Maybe this one will also go away, Eventually Europe will be so restrictive on the internet that most of the world will cut them off.
Many companies have decided to cut off their programs from Europe as the cost of meeting the new privacy regulations is just too high.
I personally have closed all of my email lists, and closed several of my web sites as it is just too much trouble to meet all the European regulations.