Newscasts - Italy's Moltiply sues Google in $3.3 bln lawsuit over market dominance
09/05/2025 14:14
Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_0imzynt9&referenceId=tag:reuters.com,2025:newsml_RW284609052025RP1_930&pageId=Newscasts Source: 'Reuters - Business videos' Description: Italy's Moltiply Group said on Friday it was suing Alphabet's Google and seeking damages of over $3.3 billion for abuse of its dominant market position. Fiona Jones reports. Short Link: https://refini.tv/434clc0 Video Transcript: Italy's Moltiply Group said on Friday that it was suing Google for $3.3 billion. It's seeking damages for alleged abuse of Google's dominant market position, as previously recognized by the EU Court of Justice. Moltiply operates the popular Italian price comparison website Trovaprezzi.it. In a statement it said its claim argues that Google's actions hindered the growth of its subsidiary 7Pixel between 2010 and 2017. Instead, it said, favoring Google Shopping. An Italian news outlet said the claim was filed at a Milan court. A Google spokesperson declined to immediately comment. The European Commission fined Google in 2017 for using its own price comparison shopping service to gain an unfair advantage over smaller European rivals. In September, the company lost a final appeal against the $2.7 billion fine.