No, this is different and is a major issue for Foss project within the EU. Been hearing about it a lot from the Linux podcast I listen to.
It basically makes it so Tech companies are liable for anything that happens on their platforms or any security breaches attributed to their software. And for Meta or even projects providing key libraries and programs for Linux this could be bad.
The EU are quite pro-FOSS so I do have my doubts about that generalization. Might @echo_pbreyer have any insight perhaps?