Mentioned by BoredMeteor in this topic - [webmasterworld.com...] I thought that this subject deserved its own discussion.

Here are some resources:
[saveyourinternet.eu...] ( posted by BoredMeteor )
[eff.org...]
[limegreenipnews.com...]

Basically, the main issues, with this directive, due to be voted by the end of the month, is around the mandatory automatic filtering of content uploaded by users to detect copyright infringements and block them, and a link tax where web publishers would require to pay a mandatory fee, for having the right to link to a news article, even if the news site wants to make it free. (this is what was done in Spain, if I don't make mistake).

Now, people shouldn't take it too excessively, these rules, if voted, will apply only to be big sites, like Youtube, Facebook, Google News, etc... small web publishers will not be asked to invest in system to automatically check for content uploaded to their site, and will still continue to have the right to add links to news sites. The directive targets UGC platforms and news aggregators.

The goal of this directive is to protect content creators from Internet Giants who are making money from their content.

Now, of-course, there will be plenty of side effects. Like for example, a site may no longer be able to syndicate its content for free , if it's mandatory for news aggregators to pay a fee.