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Some of Germany's largest online newspapers, like Bild (https://www.bild.de/) demand either that you subscribe to their online paper or consent to all cookies. As far as I see there is no way to reject the cookies.

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Ruled illegal already for other websites:

https://noyb.eu/de/pay-or-okay-tech-news-site-heisede-illega...

English link: https://noyb.eu/en/pay-or-okay-tech-news-site-heisede-illega...

If that is true, why would any sane company/website stay based in the EU (if they want to use cookies)?

Unrelated to where you are based. Also there is no restriction on cookies as such, just on spying. So defaulting to spying seems much less sane now, agreed.

That's only because Schrems hasn't got round to suing them yet.

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