Actually if you read my posts properly you will see that I am championing the cause to keep perfectly usable devices alive. This does not mean I am championing the cause for the proposed legislation, there is a difference.
Manufacturing a product that lasts for a long time is a situation I have personally experienced on numerous occasions and felt the result of it. Video recorders, thousands sitting in warehouse because they didn't break down and not enough people was purchasing the latest product, result production shuts down. The exact same scenerio happened when video recorder production closed, it switched to computer monitors, production shut down and switched to satellite revievers, production shut down, company shut down. Happened with another company, they made printers, many made, many sold, not enough broke down thus no need to purchase a new one. Production closed down and switched to copier machines. Same thing happened with result being the company closed down.
Companies can still stay in business but they need to think differently on product design and sustainability. For example, mobile phone standards change, 2G to 3G to 4G to now 5G. Why couldn't manufacturers design their phones for future proofing? If someone wants to keep their old phone but use it on the latest network offering, why not build a phone so it's transmitter and reciever parts can be upgraded to accept the latest mobile standards. Give the consumer the choice, either upgrade the old phone or purchase a new one. Bosses do not do this because they are educated and trained to have a one track mind, and that is to make as much money as possible and the current way to do that is to keep on making new and expensive things. This mindset has to change.
Television standards changes. Therefore instead of changing the whole TV because it's not compatible with the new standard, just change relevants parts inside the TV so it is compatible.
If manufacturers of devices stay stuck in their ways when the porposed legislation becomes law then yes, In my opinion the resulting effect will be many companies in the EU will close or just up and leave.