Google ordered to pay $665 million for anticompetitive practices in Germany

1 month ago 2

Google may have to fork over 572 million euros, or nearly $665 million, to two German companies for "market abuse," according to a recent ruling from a Berlin court. First reported by Reuters, the tech giant was ordered to pay approximately 465 million euros, or approximately $540 million, to Idealo and another 107 million euros, or roughly $124 million, to Producto, both of which are price comparison platforms based in Germany. According to the ruling, Google abused its dominant market position by favoring Google Shopping in its own search results.

Idealo pursued legal action against Google, claiming that the Alphabet subsidiary was "self-prefe...

Source: https://www.engadget.com/big-tech/google-ordered-to-pay-665-million-for-anticompetitive-practices-in-germany-184505191.html?src=rss

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