"A German court has found that Google has abused its dominant market position in the price comparison sector and ruled that the company must pay a total of €572 million ($665.6 million) in damages to two German price comparison companies, according to a report by Reuters. Google must pay the price comparison platform Idealo about €465 million (about $540 million) in damages, and €107 million (about $124 million) to Producto, another price comparison tool, the report said."
"Idealo had claimed damages of €3.3 billion from Google, arguing that its lawsuit was a direct response to the European Court of Justice's ruling in 2024 that found the search giant was self-preferencing its own shopping comparison service, breaking competition rules, and fined it about $2.7 billion. Idealo said on Friday that it intends to continue its case against Google and seek the full damages it had sued for."
""We welcome the court of Google holding accountable. But the consequences of self-favoring go far beyond the amount awarded. We will continue to fight - because market abuse must have consequences and must not become a lucrative business model that is worthwhile despite fines and compensation payments," Idealo's co-founder and CEO Albrecht von Sonntag said in a statement. Google may appeal the ruling, the report added."
A German court found Google abused its dominant market position in the price comparison sector and ordered the company to pay €572 million in damages to two German price comparison companies. Google must pay Idealo about €465 million and Producto about €107 million. Idealo had sought €3.3 billion and linked its suit to a 2024 European Court of Justice ruling that found Google self-preferenced its shopping comparison service, which led to a roughly $2.7 billion fine. Idealo intends to continue pursuing the full damages sought. Google may appeal the ruling. The decision follows EU antitrust probes and a recent €2.95 billion EU fine over alleged favoritism of Google's advertising services.
Read at TechCrunch
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