Have you not read the petition? I doubt it could be anymore concise in its language while still being possible to pass.

Require video games sold to remain in a working state when support ends.
Require no connections to the publisher after support ends.
Not interfere with any business practices while a game is still being supported.

That's it... 3 sentences is not concise. You want to base multi-national law off of 3 sentences. Maybe you should think that through a bit more. If the time can't be spent to actualy write out constructive goals or at least milestones (which is supposed to help dictate multi-national law) then maybe it should wait shouldn't it until you can.

You're forgetting this is the EU, it's significantly less susceptible to industry lobbying than the US

The VGE (the lobbying group you're talking about) helped to write the consumer protection, digital content licensing, and age ratings for the EU.
They already helped create your laws so that's not really true is it.

There really is no solid argument against what I've said.
Sorry, it still stands.