This law sounds good in theory, but there's a lot of lawful content that is really undesirable (scams, spam, deepfakes, hate speech, etc.) and platforms need to be able to deal with that. The law isn't fast or flexible enough to keep up, and every country has different (or laughable) definitions of some of these things.
The YouTube community guidelines are a pretty good overview of whatever shady shit people are trying to pull these days: https://support.google.com/youtube/answer/9288567?hl=en