This will never work in the EU. Our regulatory organs are apolitical. They don't depend on the ruling parliament. The parliament doesn't appoint the chairs of the organs, nor does the president. The courts also operate independently from the parliament, other than the laws they pass. There are no executive orders to give preferential treatment to some companies in Europe. There are no shady backroom deals because 28 countries must be kept on track at all times.
Empty threats do not concern us.
Who would've thought that an industry that disregarded and actively attacked and insulted their viewer/reader base, who gained a fame for 10/10ing all games under the sun and folding to the most miniscule of complaints from pressure groups would end up not having viewers/readers at all ? Not to mention hiring people who hate video games, can't play them and/or plagiarize footage from youtube to showcase the game as journalists.
Let me play the tiniest violin concerto for you guys. Now roll over and let youtubers take your industry.