Google ordered to pay significant damages in Swedish competition case

A Swedish court has ordered Google to pay a substantial sum to Klarna, the fintech company that acquired price comparison service PriceRunner. The ruling stems from a private competition case, with the awarded damages noted as one of the largest ever in Europe for such a matter. Klarna had purchased PriceRunner in 2022 for nearly €1 billion. The legal action centered on allegations of anti-competitive practices by Google. The exact amount of the payment was not specified in the initial reporting, but it is described as a significant indemnity.

Sources: Le Monde