Sweden's PriceRunner sues Google for 2.1 bln euros
07/02/2022 07:25
STOCKHOLM, Feb 7 (Reuters) - Price comparisons company
PriceRunner said on Monday it has sued Alphabet-owned GOOGL.O
Google for about 2.1 billion euros ($2.40 billion) at a court
Stockholm, saying the company breached antitrust laws by
manipulating search results in favour of its own comparison
shopping services.
PriceRunner said its lawsuit aims to make Google pay
compensation for the profits that it has lost in the U.K. since
2008, as well as in Sweden and Denmark since 2013.
Investment firm Creades CREADa.ST in November agreed to
sell PriceRunner to Swedish payments firm Klarna for 1.06
billion Swedish crowns ($124.36 million). urn:newsml:reuters.com:*:nL8N2RT27U
($1 = 0.8749 euros)
(Reporting by Supantha Mukherjee, European Technology &
Telecoms Correspondent, based in Stockholm; Editing by Simon
Johnson)
((supantha.mukherjee@thomsonreuters.com; +46 70 721 1004;
Reuters Messaging:
supantha.mukherjee.thomsonreuters.com@reuters.net))