I'm a lot less worried about the "link tax" clauses than the copyright liability clause. Not because the link tax is a good idea but because it's a spectacular own goal that is mainly going to hurt the idiots who lobbied for it. Giving companies direct liability for policing copyright in user-uploaded content is a much bigger disaster, on two separate fronts, both highly damaging: 1) Implementing youtube-style conten…
> 1) Implementing youtube-style content id will be a huge burden for small companies. I will be extremely surprised if that will be required from small companies, considering the directive expressly says that "special account shall be taken of [...] ensuring that the burden on SMEs remains appropriate and that automated blocking of content is avoided." (SME = Small and medium-sized enterprises) There is also no langu…
The current proposed Presidency compromise text has been leaked, and you can read it here: https://www.politico.eu/wp-content/uploads/2018/11/SPOLITICO... , pg 22 onwards. (The EU Presidency is seen as the independent negotiator in the discussions.)
A couple of things to note -- this "compromise" text moves Article 13 into being a blanket liability, which means that intermediaries can be sued unless they get prior authorisation from all rightsholders. Given that anyone is a rightsholder for their own material, that seems... unlikely. The only conceivable alternative under the rest of the proposal is some sort of copyright filter — but even then, it has to be effectively perfect, so that's potentially not enough.
The other point is to note that under this language, being an SME is one of seven factors that may or may not make you liable; thus injecting even more uncertainty into whether you will be liable for the actions of your users.
(Disclosure: I work at EFF, and have been tracking this for some time.)