This isn’t the end of the movement in Europe: www.youtube.com/watch?v=CgoODQFrPgw&t=734s

tl;dw: 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. In this case, SKG intends to modify the Digital Fairness Act to extend it to protecting video game preservation.