They are in favor of this. Maybe it's worse for them than in the current legal situation. But when the law comes into effect they are better off than any of their smaller competitors.
> The Commission’s proposal “would hurt anyone who writes, reads or shares the news — including the many European startups working with the news sector to build sustainable business models online,” Google said in a statement.
No, but I have to correct myself. I don't assume they are actively "in favor" but that they will passively benefit in a post-law time.
Publishers: "You steal our content and are unwilling to pay, so we need a law!"
Google: "You're right, please do the law, because it would harm our competitors!"