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Worldwide
-DW Information
Swedin, Feb 08: Swedish worth comparability agency PriceRunner introduced Monday suing Alphabet-owned Google for about €2.1 billion ($2.4 billion) for selling its personal buying comparisons in search outcomes.
The Swedish tech startup filed its swimsuit with the Patent and Market Court docket in Stockholm.
In November final yr, Google misplaced an attraction in opposition to a €2.4 billion ($2.8 billion) wonderful in 2017 for squeezing out European rival buying providers on its search engine.
“They’re nonetheless abusing the market to a really excessive extent and have not modified mainly something,” PriceRunner Chief Govt Mikael Lindahl advised the Reuters information company.
PriceRunner needs compensation for misplaced revenue
Lindahl stated in a written assertion it was a matter of survival for European tech firms and their workers.
“If US tech giants are allowed to run free and manipulate markets by way of their near-monopoly positions, we are able to anticipate many tech firms in Europe to endure far past the product and worth comparability market,” Lindahl added.
“We additionally see the lawsuit as a struggle for shoppers, who’ve suffered nice hurt from Google’s breach of competitors legislation over the previous 14 years and which continues to be ongoing right here and now,” Lindahl stated.
Google ‘prepared’ to defend itself in court docket
Google advised the AFP information company modifications had been made after 2017 and that it “is topic to intensive monitoring by the European Fee and two exterior professional teams.”
“PriceRunner selected to not use advertisements on Google, so it might not have been as profitable as others. We’re able to defend our place in court docket,” Frederic Abrard, director of CSS Procuring Advertisements at Google, stated.
The 2017 wonderful was the primary of three antitrust penalties, totaling greater than €8 billion, that the EU’s govt department has handed Google lately.
Supply: DW
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