Currently a player can concede a penalty, receive a red card for preventing a goalscoring opportunity and then be suspended for a single incident.
Arsenal keeper Wojciech Szczesny and Manchester City defender Martin Demichelis both suffered that fate during European matches and UEFA has put forward a proposal to the International FA Board (IFAB) meeting next week - the game's law-making body - calling for a change.
Arsenal and City both went on to lose 2-0 to Bayern Munich and Barcelona respectively.
Platini told a news conference in Nice ahead of the Euro 2016 qualifying draw: "For 15 years we have been trying to change this rule.
"All the technical committees of UEFA and FIFA are against this but when it has gone to the International Board it doesn't change.
"(Arsene) Wenger said the referee killed the game but the referee has to respect this stupid rule."
UEFA's proposal suggests that if the match official awards a penalty then a straight red card for denying an obvious goalscoring opportunity is not necessary.