A Swedish court has ordered Google to pay approximately €1.3 billion (14.3 billion SEK) to PriceRunner, a comparison-shopping site owned by Klarna, for illegally favoring its own service in search results. The Stockholm Patent and Market Court ruled that PriceRunner suffered damages from Google's anti-competitive behavior over many years Source: euronewses; Source: infobae.
The court found that Google abused its dominant position by promoting its own comparison-shopping tool, a practice that began as early as 2008 in the UK and 2013 in Sweden and Denmark. The judge noted that while PriceRunner did not win its full claim (initially seeking around €7.2 billion), the awarded amount is "the largest ever ordered in a Swedish competition case" Source: infobae.
PriceRunner and Klarna welcomed the decision. Google disagreed, stating it would review the verdict and consider an appeal, pointing to changes made in 2017 to comply with EU requirements Source: euronewses. The case builds on a 2017 European Commission ruling that fined Google €2.42 billion for similar practices, later upheld by the EU's top court in 2024.
The ruling marks a significant victory for PriceRunner, though the final payout may be reduced by taxes and revenue-sharing agreements with former shareholders and litigation funders Source: euronewses.
“El Tribunal de Patentes y Mercado de Estocolmo impuso a Google una multa de 14.300 millones de coronas suecas (1.300 millones de euros) al considerar que PriceRunner sufrió perjuicios porque Google promocionó ilegalmente su propia herramienta de comparación de precios.”
“El Tribunal de Patentes y Mercados de Estocolmo informó este miércoles en un comunicado sobre la sentencia dictada, que considera que PriceRunner 'sufrió daños como consecuencia de que Google favoreciera ilegalmente durante muchos años su propio servicio de comparación de precios'.”
“"En muchos aspectos, este es un caso complejo y de gran alcance, y aunque PriceRunner no ha tenido éxito total en sus reclamaciones, la indemnización concedida es, sin duda, la mayor jamás ordenada en un caso sueco de competencia", afirmó la juez Linda Kullberg.”