Yeah, right.
The law defines the right, it doesn't force Google to do anything. Google can take every request to court.
The qualification "horribly rash, poorly thought" out applies to the services Google creates ("huh, privacy, what privacy?"), and the way it responds to request to comply with basic privacy ("fuck you, fuck you and fuck you, oh, oops, we lost in court, let's hack something together to prevent losing $$$").
Besides, Google already decides. There's nothing even remotely objective about Google's search results, and Google is eager to pro-actively censor it's services for anything ranging from the copyright mafia to American puritanism.
The EU lawmakers didn't force Google to be a bunch of assholes. They just defined basic civil rights.