Google hit with $2.4 billion lawsuit in Europe for favoring its own shopping service
to fine Google a record €2.42 billion for favoring its own comparison shopping services over rivals.
"We are ... seeking compensation for the damage Google has caused us during many years, but are also seeing this lawsuit as a fight for consumers who have suffered tremendously from Google’s infringement of the competition law for the past fourteen years and still today," said PriceRunner CEO Mikael Lindahl.
PriceRunner claimed that Google has a"monopoly-like position" in Europe adding that it believes it has still not complied with the EU Commission's decision and is"abusing it's dominant position." As such, it claimed that traffic and profits are diverted from itself and other shopping services, and that its offers are higher than other services, harming consumers.
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