business
Swedish Court Orders Google to Pay Klarna $2 Billion for Favoring Its Own Price-Comparison Service
A Swedish court ruled that Google favored its own price-comparison service over Klarna’s PriceRunner site in search results. The company was ordered to pay $2 billion in damages for the practices.
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A Swedish court ruled that Google favored its own price-comparison service over Klarna’s PriceRunner site and ordered the company to pay $2 billion in antitrust damages. The decision addresses Google’s search engine practices regarding price-comparison tools. Klarna operates the PriceRunner price-comparison site.
The ruling requires Google to compensate Klarna for the effects of the favoritism shown in search results.
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Antitrust enforcementMarket competition outcome
EnforcementCompetition
CorroborationLimited · 2 sources
