
Swedish Court Orders Google to Pay Klarna's PriceRunner $1.97bn
A Swedish court has ruled that Google must pay $1.97 billion in damages to PriceRunner, the price comparison service owned by fintech group Klarna.

Ada Okonkwo
Startups & VC Editor · Lagos
A Swedish court has ordered Google to pay $1.97 billion in damages to PriceRunner, the price comparison service owned by Swedish fintech company Klarna, according to reporting from Finextra and Sifted. The ruling marks a significant moment in the long-running European scrutiny of how large technology platforms treat rival services.
What the Court Decided
The court found in favour of PriceRunner in an antitrust dispute against Google, awarding damages of $1.97 billion. PriceRunner operates as a price comparison service, a category of online business that competes directly with product search and shopping features offered by dominant search platforms. Klarna, best known for its buy-now-pay-later payments products, owns PriceRunner following an acquisition that expanded the group's consumer shopping footprint.
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