Oh, well, that's okay then.
"The EFF points out that over a third of takedown notices received by Google are false..."
On Nov 16, 2011, a Google representative testified before Congress that Google had processed 5 million DMCA takedown notices to that point in 2011. (I.e. the 5 million takedown notices were _not_ for a full year.) So if Eff is saying that fully 1/3 of them are false, then 2/3 of them, i.e. 3.3 million DMCA takedown notices, were true.
So Eff figures that that's okay then, I guess.
http://musictechpolicy.wordpress.com/2011/12/27/how-many-dmca-notices-are-too-many/
http://musictechpolicy.wordpress.com/2012/02/15/the-500000000-cost-of-googles-five-million-dmca-notices/