Earlier quoted context omitted.
According to some, YouTube's copyright filters / markers aren't good enough to satisfy the EU directive. It's insane. The DMCA is bad enough already. Copyright should be loosened, not tightened. Then maybe we'd see some competition in video hosting.
I've always felt like false assertion of copyright should cause the loss of copyright. Seems like a fair balance for me. And before someone gets on me...I realize that these are automated filters that are rarely asserted by the actual copyright holder.
Plain old money based fines should work. Even a tiny fixed fee of $50 per error might be enough, given the scale of the internet.