Full text of the directive: http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-%2f%2fEP%2f%2fTEXT%2bREPORT%2bA8-2018-0245%2b0%2bDOC%2bXML%2bV0%2f%2fEN&language=EN#title1
Why it means the end of the people's and creators' Internet: https://www.techdirt.com/articles/20180703/01343440162/latest-text-eu-copyright-directive-shows-even-worse-than-expected-must-be-stopped.shtml
Under this law, Internet stops being a place where people can freely post their content, comment on it, and share what they find interesting - it becomes a TV, with a small amount of pre-approved publishers posting content for everyone to passively consume.