spot_img

HinduPost is the voice of Hindus. Support us. Protect Dharma

Will you help us hit our goal?

spot_img
Hindu Post is the voice of Hindus. Support us. Protect Dharma
21.1 C
Sringeri
Saturday, June 22, 2024

Swedish price comparison firm sues Google for $2.4 bn

Swedish price comparison platform PriceRunner on Monday sued Google in Europe, seeking 2.1 billion euros ($2.4 billion) in damages.

The lawsuit has accused the tech giant of “continuing to breach a 2017 European Commission antitrust enforcement order against Google Shopping,” reports TechCrunch.

The lawsuit also alleges that Google continued to violate competition law in relation to product search, as well as seeking compensation for historical infringements that have allowed Google to reap revenue at rivals’ expense.

“It is causing consumers to overpay enormous amounts of money every year because Google is not showing the most relevant results and with too high prices when they could show better results further up,” PriceRunner CEO Mikael Lindahl was quoted as saying.

PriceRunner also estimated that European consumers are overpaying billions per year as a result of Google’s search engine returning links to products that are more expensive than equivalents offered via (non-Google) price comparison services.

Google in November lost an appeal against a 2.42 billion-euro fine it received in 2017 which found using its own price comparison shopping service gave the company an unfair advantage over smaller European rivals

(The story has been published via a syndicated feed.)

Subscribe to our channels on Telegram &  YouTube. Follow us on Twitter and Facebook

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Sign up to receive HinduPost content in your inbox
Select list(s):

We don’t spam! Read our privacy policy for more info.

Thanks for Visiting Hindupost

Dear valued reader,
HinduPost.in has been your reliable source for news and perspectives vital to the Hindu community. We strive to amplify diverse voices and broaden understanding, but we can't do it alone. Keeping our platform free and high-quality requires resources. As a non-profit, we rely on reader contributions. Please consider donating to HinduPost.in. Any amount you give can make a real difference. It's simple - click on this button:
By supporting us, you invest in a platform dedicated to truth, understanding, and the voices of the Hindu community. Thank you for standing with us.