What's going through the EU's mind right now?
Can't tell (not telepathic), but I'm in support of this right and I can tell you what I think: The Internet is full of half-truths and outright lies. Search engines do not deliver results based on the truth value of sites, but on popularity, page ranking and such. If, 10 years ago, you were arrested for child porn, with headlines in the newspapers. Three months later, charges were dropped, everyone apologized profoundly to you for the mistake, the government paid a ton of money for your troubles and the prosecutor who go your arrested lost his job.
Which part of this, do you think, will show up on Google, today?
We can do nothing about people remembering things wrong. But we can do something about search engines creating false impressions.
Maybe in the future, semantic web and intelligent agents will be able to show you the relevant context information and solve the problem. But until then, people's lives are being ruined and that problem needs a solution before they're dead, wouldn't you agree?