DMCA takedowns, if they were actually followed to the letter of the law, would be much better than the current system. What's supposed to happen is Party A posts a video that Party B thinks infringes on their copyright on Platform C. B sends a DMCA claim to C. C takes down the content, and sends A a copy of the claim. A decides to fight the takedown, sends a counter claim to C. C reinstates the content, and sends the counterclaim to B.

A and B now have each other's information, and are free to sue each other.

The problem with the status quo is that the platforms are taking full advantage of the slack given between receiving notice and taking action for counterclaims, but acting immediately on claims.