TL;DR
A Swedish court ordered Google to pay Klarna's PriceRunner unit nearly two billion dollars for favouring its own shopping service over rivals.
Swedish court orders Google to pay Klarna nearly 2 billion in antitrust damages
A Swedish court ordered Google to pay Klarna's PriceRunner unit nearly two billion dollars for favouring its own shopping service over rivals.
A Swedish court has ordered Google to pay more than 14 billion kronor to Klarna's PriceRunner subsidiary for illegally favouring its own comparison shopping service in search results. The ruling, handed down on Tuesday by the Patent and Market Court in Stockholm, is the largest competition damages award in Swedish history. Presiding judge Linda Kullberg called it the largest competition damages award ever handed down in a Swedish case.
Klarna values the total award at nearly two billion dollars once interest is included. PriceRunner had originally sued in 2022, seeking roughly two billion euros in compensation for lost profits in the United Kingdom, Sweden, and Denmark. The claim ballooned to about 78 billion kronor when accrued interest was added, but the court rejected the vast majority of that figure.
The case rests on the European Commission's 2017 finding that Google abused its search dominance by systematically promoting its own Google Shopping service over independent price-comparison sites. PriceRunner argued it lost traffic and revenue in the UK from 2008 and in Sweden and Denmark from 2013, when Google began steering users toward its own results. The trial ran from October to December 2025.
Google said it disagrees with the decision and will “consider its legal options.” An appeal is widely expected. Pontus Scherp, counsel for Klarna, told Reuters that the appeals process could take “over a year and likely years,” meaning any payment remains distant.
Markets reacted immediately. Klarna shares rose more than seven percent on the news, while Alphabet stock dipped by less than half a percent. Even if the award survives appeal, Klarna has told investors the net amount will be reduced by sharing arrangements with former PriceRunner shareholders and the outside litigation funder that financed the case, as well as by applicable taxes.
The Swedish ruling is one piece of a rapidly expanding mosaic of antitrust costs for Google across Europe. A German court earlier this year ordered Google to pay €465 million to Idealo and €107 million to Producto for the same self-preferencing conduct. In the UK, claims from Kelkoo and Foundem are under way, while in Italy, Moltiply Group is seeking nearly three billion euros over what it says was the same pattern of abuse.
These private damages actions sit on top of regulatory fines that already exceed nine billion euros. The European Commission fined Google roughly two and a half billion euros over Google Shopping in 2017, a penalty the EU's highest court upheld in 2024. Two additional EU antitrust cases, covering Android and AdSense, pushed the cumulative total higher still.
Klarna acquired PriceRunner in 2022 and has since built its price-comparison database to more than 100 million products across 13 markets. The company listed on the New York Stock Exchange last year and has integrated PriceRunner's data into its shopping app. Dan Greaves, Klarna's head of communications and policy, said the ruling supports what he called a healthier and more competitive market for comparing products and services.
For Google, the pattern is now unmistakable. Courts and regulators on multiple continents are reaching the same conclusion: steering users toward its own services comes with a price, and the invoices keep getting larger.