Trial opens in Klarna’s $8.3-billion lawsuit against Google

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A Swedish court began hearing arguments Monday in a lawsuit brought by Swedish price comparison site Pricerunner, owned by Klarna, against tech giant Google for over $8 billion for promoting its own shopping comparisons in search results.

The Swedish tech startup filed its suit with the Patent and Market Court in Stockholm in 2022, following a European Union General Court ruling that Google “breached EU antitrust laws by manipulating search results in favour of their own comparison shopping services”.

Originally, Pricerunner said it was suing Google…



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Trial opens in Klarna’s $8.3-billion lawsuit against Google



A Swedish court began hearing arguments Monday in a lawsuit brought by Swedish price comparison site Pricerunner, owned by Klarna, against tech giant Google for over $8 billion for promoting its own shopping comparisons in search results.

The Swedish tech startup filed its suit with the Patent and Market Court in Stockholm in 2022, following a European Union General Court ruling that Google “breached EU antitrust laws by manipulating search results in favour of their own comparison shopping services”.

Originally, Pricerunner said it was suing Google…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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