Price Runner sues Google for 2.1 bln euros, prepares for lengthy combat, Swedish charge evaluation corporation PriceRunner stated on Monday it's miles suing Alphabet-owned 




PriceRunner sues Google for 2.1 bln euros, prepares for lengthy combat, Swedish charge evaluation corporation PriceRunner stated on Monday it's miles suing Alphabet-owned 

Swedish charge evaluation corporation PriceRunner stated on Monday it's miles suing Alphabet-owned (GOOGL.O) Google for approximately 2.1 billion euros ($2.forty billion), the brand new corporation to take felony motion alleging the hunt large manipulated seek outcomes.

Google in November misplaced an enchantment in opposition to a 2.42-billion-euro best it obtained in 2017 which discovered the usage of its personal charge evaluation buying provider gave the agency an unfair benefit over smaller European competitors.

"They are nonetheless abusing the marketplace to a completely excessive quantity and have not modified essentially anything," PriceRunner CEO Mikael Lindahl instructed Reuters in an interview.

PriceRunner, that's withinside the system of being sold via way of means of fintech Klarna, stated a lawsuit it filed in Sweden goals to make Google pay repayment for the income it has misplaced withinside the UK due to the fact that 2008, in addition to in Sweden and Denmark due to the fact that 2013. Google did now no longer right now reply to a request for comment.

Lindahl stated PriceRunner is ready to combat for lots of years, has secured tens of hundreds of thousands of euros in outside financing, and has steps in area withinside the occasion it does now no longer win.

The European Commission's 2017 best changed into the end result of seven-yr research induced via way of means of ratings of court cases that Google distorted net seek outcomes to favor its buying provider, harming each competitor and consumers.

The Commission discovered that Google had systematically given a distinguished placement to its personal evaluation buying provider and demoted rival evaluation buying offerings in its seek outcomes.

Axel Springer's charge evaluation buying provider Idealo then sued Google in 2019 for 500 million euros.

Investment corporation Creates (CREADa.ST) in November agreed to promote PriceRunner to Swedish bills corporation Klarna for 1.06 billion Swedish crowns ($124.36 million).