There’s a significant detail which is missing from this analysis. The law which puts copyright over privacy is a French law, not an EU law. The EU court found that the French law doesn’t contradict any EU law.

So the EU court did not determine that copyright is more important than privacy. It determined only that the French parliament is allowed to decide that question for France.

So while this does set a bad precedence, it is not as bad as the title would like you to believe.

Imagine living in a society where people are more important than corporations.

Vote!

Everyone has the right to freedom of expression. This right shall include freedom to hold opinions and to receive and impart information and ideas without interference by public authority and regardless of frontiers. This Article shall not prevent States from requiring the licensing of broadcasting, television or cinema enterprises.

I can only assume they've decided that every lowly shitposter on fedi is now to be considered a "broadcasting enterprise."