STOCKHOLM, July 1 - A Swedish court on Wednesday ordered Alphabet-owned Google to pay around 14.3 billion Swedish crowns in antitrust damages to PriceRunner, the price comparison arm connected to Klarna. Using the dollar conversion provided in the record, that amount is approximately $1.5 billion.
The Stockholm Patent and Market Court said in its statement that "PriceRunner is considered to have suffered damage as a result of Google having illegally favoured its price comparison service for many years." The ruling follows a complaint filed by PriceRunner in 2022 seeking about c2.1 billion, in which the company alleged Google had breached competition rules by manipulating search results to the advantage of its own comparison shopping offerings.
The court's award was presented alongside the exchange rates included in the reporting: $1 = 9.7291 Swedish crowns and $1 = 0.8775 euros. Those rates are used to express the Swedish-crown judgment in dollar and euro terms in the public notice.
"PriceRunner is considered to have suffered damage as a result of Google having illegally favoured its price comparison service for many years," the Stockholm Patent and Market Court said.
The legal action dates to PriceRunner's 2022 filing, when the company sought roughly c2.1 billion in damages on the basis that Google had altered search results to promote its own comparison shopping services. The court's decision quantifies the damage in Swedish crowns and provides the exchange rates used to convert that figure into U.S. dollars and euros for reporting.
Below are key takeaways and the immediate factual context available from the court statement and the 2022 lawsuit filing. The reporting does not provide information on possible next steps, timelines for payment, or whether there will be appeals; those items are not addressed in the material supplied.
Context and factual note - The court ruled that PriceRunner suffered harm and set damages at about 14.3 billion Swedish crowns. PriceRunner had sought approximately c2.1 billion in 2022. Currency conversion figures appearing with the ruling are $1 = 9.7291 Swedish crowns and $1 = 0.8775 euros.
What the record does not specify - The materials provided do not state the schedule for payment, whether the parties will seek further legal remedies, or any operational remedies beyond the monetary award.