I took part in the copyright consultation (along with about 10000 others), and like many other members of the general public I pointed out the need for reducing the scope and duration of copyright, and to actually try to measure what effects copyright has rather than blindly assuming that it will have its intended consequence of increasing the production of works. I also pointed out that much cultural production, perhaps the majority if you count by the number of authors, is currently illegal due to unauthorized use of copyrighted works. This would disappear if the law as it is were consistently enforced, and gives us a glimpse of the cost of the current system.
After reading parts of the leaked white paper, I am disappointed by the European Commission's response. They give lip service to these issues ("the need for an evidence-based approach", for example), but only in passing. In their "way forward" suggestions, they always choose either to do nothing, or to move according to the wishes of large publishers. They also assert, without evidence, that the dynamic, meditum-to-longer-term effect of reducing copyright would lead to a faster rate of obsolecense of copyrighted material, which would then lead to less incentive to create new works. That's stated as if it were self evident, just a single page after they emphasized the need for an evidence-based approach. In fact, I think a stronger case could be made for exactly the opposite conclusion: When copyright doesn't last forever, you have an incentive to create new works to benefit from.
I did not expect much from the consultation, but I hoped that they would at least discuss the issues raised there, and argue against parts they disagreed with, rather than just ignoring them.