Google ordered to pay 1.3 billion euros to PriceRunner in Sweden
A Swedish court has ordered Google to pay 1.3 billion euros to PriceRunner for illegally favoring its own price comparison service and abusing its dominant market position.
A Swedish court has ordered Google to pay 1.3 billion euros (14.3 billion Swedish kronor) to the price comparison service PriceRunner. The Stockholm Patent and Market Court ruled that Google illegally favored its own price comparison service over many years, thereby abusing its dominant market position. PriceRunner, which is owned by the Swedish financial services group Klarna, was deemed to have suffered significant damages as a direct result of Google's anti-competitive actions. The judgment was issued on Wednesday, July 1st, concluding a long-standing legal dispute.
Sources: Le Monde