I don't understand why people want more bureaucracy, it never works out well. Now the established companies like SAP will just pay expensive lawyers to check boxes for the certification, and European startups will face another massive obstacle (just like the GDPR, Cookie law, etc.)
A better law would be pushing for repairability - ban locked down bootloaders and closed firmware, force published schematics, component lists and replacements, open bootloaders, etc. - this would help solve a lot of electronic waste and also drive a new sector for startups.