tl;dw: This was unfortunate, but not unexpected. There is a much broader support for SKG in the European Parliament, the other legislative body besides the EC. Only the EC can introduce new legislation, but the EP has the authority to modify existing legislation without involving the EC. In this case, SKG intends to extend the Digital Fairness Act to protecting video game preservation.
This isn’t the end of the movement in Europe: https://www.youtube.com/watch?v=CgoODQFrPgw&t=734s
tl;dw: This was unfortunate, but not unexpected. There is a much broader support for SKG in the European Parliament, the other legislative body besides the EC. Only the EC can introduce new legislation, but the EP has the authority to modify existing legislation without involving the EC. In this case, SKG intends to extend the Digital Fairness Act to protecting video game preservation.