Unless I’ve misunderstood something, no DMCA notice or counter-notice has been sent.
Instead the copyright claim is purely via YouTube’s content ID system that detected the supposedly infringing audio before the video was even published, as the YouTuber states in the video linked. The company claiming the copyright sought to monetise the “infringing” video for themselves through this content ID mechanism.
I would argue that, while YouTube says it cannot arbitrate copyright disputes, if it continues to allow supposed copyright holders the exclusive right to decide whether something is in fact their copyright, they are arbitrating the disputes, just in a completely one sided manner, and the creators beef should be with them. If they were actually neutral, they would instead allow the DMCA system to work as you said.
Instead the copyright claim is purely via YouTube’s content ID system that detected the supposedly infringing audio before the video was even published, as the YouTuber states in the video linked. The company claiming the copyright sought to monetise the “infringing” video for themselves through this content ID mechanism.
I would argue that, while YouTube says it cannot arbitrate copyright disputes, if it continues to allow supposed copyright holders the exclusive right to decide whether something is in fact their copyright, they are arbitrating the disputes, just in a completely one sided manner, and the creators beef should be with them. If they were actually neutral, they would instead allow the DMCA system to work as you said.