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Swedish court says Google is to pay $1.5 billion to Klarna in antitrust damages

Swedish court says Google is to pay $1.5 billion to Klarna in antitrust damages
Channel News Asia Wednesday 01 July 2026, 11:20 UTC 1 min read
Key Points

Swedish court says Google is to pay $1.5 billion to Klarna in antitrust damages STOCKHOLM, July 1 : A Swedish court said on Wednesday Alphabet's Google is to pay the equivalent of around 14.3 billion Swedish crowns ($1.5 billion) in antitrust damages to Klarna's price comparison company PriceRunner. "PriceRunner is considered to have suffered damage as a result of Google having illegally favoured its price comparison service for many years," the Stockholm Patent and Market Court said in a...

Swedish court says Google is to pay $1.5 billion to Klarna in antitrust damages STOCKHOLM, July 1 : A Swedish court said on Wednesday Alphabet's Google is to pay the equivalent of around 14.3 billion Swedish crowns ($1.5 billion) in antitrust damages to Klarna's price comparison company PriceRunner. "PriceRunner is considered to have suffered damage as a result of Google having illegally favoured its price comparison service for many years," the Stockholm Patent and Market Court said in a statement. PriceRunner in 2022 sued Google for around €2.1 billion ($2.4 billion) at the court, saying the company breached antitrust laws by manipulating search results in favour of its own comparison shopping services. ($1 = 9.7291 Swedish crowns) ($1 = 0.8775 euros)
Swedish (ORG) Google (ORG) Klarna (LOCATION) STOCKHOLM (LOCATION) PriceRunner (ORG) the Stockholm Patent and Market Court (ORG)
Originally published by Channel News Asia Read original →

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