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Swedish Court Orders Google to Pay $1.47 Billion in Antitrust Damages

A Swedish court has ordered Alphabet’s Google to pay 14.3 billion Swedish crowns—roughly $1.47 billion—to the price comparison service Pricerunner, a subsidiary of Klarna. This ruling marks a significant escalation in the ongoing legal campaign to check the tech giant’s market dominance across the European Union.

Swedish Court Orders Google to Pay $1.47 Billion in Antitrust Damages

The verdict centers on claims that Google leveraged its search engine monopoly to unfairly favor its own shopping services, effectively sidelining competitors like Pricerunner. By manipulating search results to prioritize its internal tools, Google hampered the ability of independent comparison platforms to reach consumers, according to the court's findings.

This decision underscores the increasingly aggressive posture taken by European regulators toward major American technology firms. With the European Union consistently tightening its antitrust enforcement, the ruling signals that regional courts are moving from regulatory investigations toward substantial financial penalties to ensure competitive market access.

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