India, July 1 -- A Swedish court has ruled that Google, under Alphabet, must pay about 14.3 billion Swedish crowns (about $1.5 billion) to PriceRunner, a price comparison site owned by Klarna.
The court found that Google was giving unfair preference to its own shopping comparison service in search results. Including interest, the total due comes out to around $1.97 billion, making it the biggest damages award ever in a Swedish competition case.
PriceRunner kicked off the lawsuit back in 2022, seeking about 78 billion Swedish crowns in damages for profits it says it lost after Google started highlighting its own shopping service over rivals.
The claim looked back to losses in the UK from 2008 and in Sweden and Denmark from 2013. Even thou...