July 01, 2026
A Swedish court on Wednesday ordered Alphabet's Google to pay about $1.5 billion in antitrust damages to PriceRunner, the price comparison business owned by payments platform Klarna.
The award, equivalent to around 14.3 billion Swedish crowns, comes amid growing scrutiny of the US 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.
