I'm kind of surprised by this. Google is already under a lot of heat, especially in Europe. All sorts of lawsuits everywhere because of they monopoly abuse. And they decide to pull this move?
There's another vote on the 17th of October and most countries are in favour now :( And if it fails again I'm sure they will keep trying like they have been until they can finally push it through.
Notably in this iterations the politicans are making an exemption for themselves and their servants (including police etc).
But I think Google thinks the time is right now because it will be a prerequisite for this.