A Swedish court ruled on Wednesday that tech giant Google is required to pay the equivalent of around 14.3 billion Swedish crowns ($1.5 billion) in antitrust damages to PriceRunner, the price comparison business owned by payments platform Klarna.
The award comes amid growing scrutiny of U.S. Big Tech companies in Europe.
It is the largest award by a Swedish court in a competition case, though well below the 78 billion crowns PriceRunner had sought, including accrued interest.
"The damages are, despite the fact that PriceRunner has not achieved full success with its action, without a doubt the largest that has been awarded in a Swedish competition case," said Alderman Linda Kullberg, a court official.
PriceRunner sued Google in 2022, seeking about 2.1 billion euros in damages and alleging it had manipulated search results.
